MM111: The US banking crisis claims another victim
Market Maker
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Silicon Valley Bank's Rapid Rate Hiking Cycle
Sally Kohn: We've had a very sharp rapid rate hiking cycle, which of course has led to led to a few issues here. Two issues particularly with regards to the banks that have failed. She says when you start getting depositors withdraw their money, then it all kind of implodes. And so if your percentage of deposits, if you're uninsured, percentage of deposits is very high, you're really vulnerable to bank runs.
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