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The Current Banking Crisis – 10 Not So Apparent Lessons

South State Correspondent

It turns out that confidence is more valuable than capital. Percentage of Uninsured Deposits: At the time of failure, SVB had approximately 88% of their deposits above the FDIC-insured $250k limit and ran at 95% at the end of last year. The ratio would provide a bank’s current core capital position to risk-adjusted assets.

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Fizzle Of The Week: Bitcoin — The Bad Neighbor

PYMNTS

Power usage in Quebec had been very stable until recently — and flat — such that the city was generating past its need and considered selling its power to the state of Massachusetts, a move which would allow the state to deliver on its goal of bringing more green power sources, while Quebec would get a revenue bump. Mom ‘n pop to sell out?

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