Source: Bloomberg

Steve Dickson

The four banks closed down at an amazing speed -the other was struggling to struggle -surprised investors.Although these incidents occurred in just 11 days, the disintegration of various banks was different.

The outside world is worried that the storm may still spread. The following is the turbulence of these companies' experience, and how the regulatory agencies should deal with:

Silvergate

In this banking crisis, Silvergate Capital Corp. was the first closure of American bank because cryptocurrencies were severely damaged and dragged the bank.Under the authorization of the Federal Reserve, the Federal deposit Insurance Corporation (FDIC) tried to intervene and discussed with management to avoid closing the door.

But after the review of the regulatory agency, and the criminal investigation of the cryptocurrency giants FTX and Alameda Research, which has closed down with Sam Bankman-Fric, it is difficult to recover from California's company in California.

Although it has not been identified as an improper behavior, as the bank loses money to sell assets to cope with the auspicious customer withdrawal, Silvergate's dilemma has intensified.It announced on March 8 that it plans to close its business and liquidation.

Silicon Valley Bank

As Silvergate roughly entered history, Silicon Valley Bank, a subsidiary of Silicon Valley Financial Group, announced on March 8 that it plans to sell $ 2.25 billion in shares, and its investment portfolio has major losses. Investors and investors and investors and investors and investors and investors and investors and investors and investors and investors and investors and investors and investors and investors and investors and investors and investorsThe storage households were uneasy.

After the news came out, the company's stock price fell 60%the next day, and was later taken over by FDIC.When the U.S. regulators failed to find a suitable buyer, they decided to split the bank.However, there was a turnaround on Monday. A number of potential buyers were interested in, and FDIC extended the deadline for bidding for the Silicon Valley Bank's quotation procedure.

Bloomberg quoted people familiar with the matter on Monday that the First Citizens Bancshares Inc., one of the largest buyers of the United States bankruptcy, still hopes to reach an agreement to acquire Silicon Valley Bank as a whole.

Signature Bank

Customer crowding has surged, accounting for about 20%of the company's deposit. Signature Bank became the third largest bank closure incident in American history on March 12.

Silvergate's internal explosion four days ago allowing customers to feel uneasy about putting the deposit on Signature Bank, although Signature Bank was much smaller than the opening of cryptocurrencies.Federal regulatory agencies said they lost confidence in the company's leadership and will take over the company.According to the provisions of a regulatory agency called "systemic risk exemption", customers who insured and unpaid insurance can move all their deposits.

Late Sunday, Flagstar Bank, a subsidiary of New York Community Bancorp, acquired Signature Bank deposits and some loans.The acquirer agrees to acquire Signature Bank from FDIC for a total of $ 38 billion in assets, including about $ 25 billion in cash and a loan of about $ 13 billion, and will take over about $ 36 billion in debt, including $ 34 billion in deposits.Signature Bank's branch will operate as Flagstar's branch.

Credit Swiss

Credit Suisse Group fell on Sunday. Under the Swiss government, UBS acquired Credit Suisse with 3 billion franc ($ 3.2 billion) to avoid a wider financial crisis.The only option to be considered is all or partial nationalization.

Customers withdrawn an unprecedented amount of funds from Credit Last year. At the beginning of the crisis, CEO Ulrich Koerner also tried to contact the customer to turn the tide; in the endThe loss of one billion US dollars and the defeat of the investment company Archegos Capital Management.The Switzerland's 166 -year -old financial institution fell.

On March 9, the US Securities and Exchange Commission questioned the annual report of Credit Conshing and forced it to postpone the release.The panic spread after the closure of some regional banks in the United States, and the chairman of the bank's largest shareholder Saudi Arabia said that it would never invest further.

First Trust Bank

Customers' departure eventually led to the closure of three US banks, and also made First Trust Bank Bank a victim.

11 US banks invested $ 30 billion last week, trying to support the First Trust Bank.However, the credit rating of this company headquarters in San Francisco has been reduced by more than once, and its stock price has fallen to a historical low.The bank provides personal banking services for technology elites and other wealthy people.

Bloomberg quoted people familiar with the matter and reported that Jamie Dimon, CEO of JP Morgan Chase, formulated a new plan to aid the First Trust Bank.Become capital injection.