[Update, March 13] The latest information is summarized in real time as the bank run in the United States intensifies

硅谷银行 (SVB - Silicon Valley Bank) 3 月 10 号突然宣布倒闭后，引起全球金融市场和经济动荡，激发了市场对潜在系统性灾难的忧虑。银行倒闭案警告了美联储持续加息遏止通胀上涨所带来的不良后果，将持续对经济发展产生不良影响。而这场危机中还有更多的中小型银行在美联储的加息浪潮中失去立足之地，银行倒闭所带来的危机仍在蔓延...... 

 截止 3 月 13 日，美国已有四家银行遭到挤兑，其中 Silvergate Bank、 Signature Bank、以及硅谷银行被关闭，正在等待下一步措施。

BlockBeats will continue to follow the closure of Silicon Valley Bank and the resulting crisis.

There was a run on the American stock market and on banks, and share prices plunged

U.S. Stocks Fall More Than 60% in Premarket

3 月 13 日，美股第一共和银行盘前跌超 60%，有暴雷风险。继硅谷银行后，该行上周晚些时候亦遭到挤兑。第一共和银行此前称，目前所有可用未使用的流动性资金超过 700 亿美元。

First Bank of America: Total Unutilized Liquidity Exceeds $70 Billion

First Harmony said its "capital and liquidity position is very strong and its capital remains above the regulatory threshold for a well capitalised bank".    

Signature Bank was shut down

"New York Regulators Close Signature Bank, No Losses for Depositors, Taxpayers"

纽约州金融监管机构关闭了 Signature 银行。所有储户周一都可以取钱，纳税人不会承担任何损失。 此外，监管机构表示，股东和某些无担保债券持有人将得不到保护，高级管理人员也将被撤职。存款保险基金为支持没有保险的储户而遭受的任何损失，将根据法律要求，通过对银行进行特别评估来弥补。  

Risk exposure

TetherTether  Does not have any exposure to Signature Bank.

Paxos  It said it now had $250 million in SignatureBank.

Coinbase 称自己在 Signature Bank 现金余额为 2.4 亿美元，希望完全收回这些资金。

The chase of Silicon Valley bank failures

Here are the latest developments in the Silicon Valley Bank bankruptcy case. To find out why Silicon Valley Bank failed, please readA Brief but Serious Look at the Whole Saga at Silicon Valley Bank (SVB)

"Canadian Regulators Seize Control of SVB's Canadian Subsidiary and Seek Liquidation"

加拿大银行业监管机构在周日接管了 SVB 金融集团在加拿大的分支机构，并表示将寻求法律命令以结束其运营。 加拿大金融机构监管局局长 Peter Routledge 的办公室在一份声明中表示，在美国监管机构关闭了位于加州的母行后，加拿大采取这一行动是为了保护该分行持有的资产价值。  

Bafin orders closure of German branch of Silicon Valley Bank

BaFin, Germany's financial regulator, announced that it had ordered the closure of the German branch of Silicon Valley Bank. Moreover, BaFin said, the German branch of Silicon Valley Bank had no systemic influence.    

HSBC buys Silicon Valley Bank's UK Unit for £1

汇丰控股有限公司宣布，其英国子公司汇丰英国银行有限公司将以 1 英镑的价格收购硅谷银行英国有限公司 (SVB UK)。 截至 2023 年 3 月 10 日，SVB UK 的贷款约为 55 亿英镑，存款约为 67 亿英镑。

"Silicon Valley Bank entered into exclusive business agreements with some customers that limited their access to banking services from other institutions."

Silicon Valley Bank signed exclusivity clauses with some customers that limited their ability to obtain banking services from other institutions, according to SEC filings. The contracts vary in language and scope, making it impossible for these clients to spread their money safely across different places.    

Treasury to Provide Up to $25 Billion in Support of Federal Reserve's Emergency Bank Term Funding Program

美联储宣布将向符合条件的储蓄机构提供额外资金，以确保银行有能力满足所有储户的需求。这些资金将通过新设立的、简称 BTFP 的银行定期融资计划提供，最长可提供一年。 财政部将为 BTFP 提供最高 250 亿美元紧急贷款支持。

Silvergate Bank collapsed

Silvergate Bank Parent Delays Annual Report, May Face Justice Department, Congress Probe

Silvergate Capital Corporation, the holding company for crypto-friendly Bank Silvergate Bank, announced it would delay filing its annual 10-K for fiscal 2022, sending its shares tumbling more than 10 percent in extended trading.    

Silvergate: Plan to Wind Up Banking in an Orderly Manner and Voluntarily Liquidate

  Crypto-friendly banking   Silvergate  Announced that it "plans to wind up the bank's operations and liquidate voluntarily in an orderly manner and in accordance with applicable regulatory procedures."

Cryptocurrency Bank SilverGate Bank suspends trading platform network Services

SilverGate Capital Corp, the parent company of cryptocurrency Bank SilverGate Bank, announced on its website on March 4 that it has suspended its SilverGate Exchange Network (SEN) payment network service. The service would have allowed the many cryptocurrency companies with their accounts to send fiat money instantaneously to each other.   Binance, Coinbase, OKX and Paxos were not affected by Silvergate's liquidation.

Cryptocurrency trading platform Bybit, Binance says it has no exposure to Silvergate or Silicon Valley Bank.Immutable Affiliate also says it has no exposure to Silvergate or Silicon Valley Bank. Block.one said it exited its Silvergate equity position, taking a loss of about $83 million.

Tighter Regulation in the US

Biden: He will hold those Responsible for Creating Silicon Valley's banking 'Mess' and Tighten Regulation of the biggest Banks

President Joe Biden said he was pleased that the Treasury Department quickly resolved the problems at Silicon Valley banks, that it would work to hold accountable those who created "this mess" and that it planned to continue efforts to strengthen oversight of the largest banks.    

Us Regulators' Joint Rescue of Failed Banks: Bailout Will Reduce Incentive for Banks to Manage Risk

In response to the joint rescue of failed banks by U.S. regulators, CZ wrote that the rescue could pose a regulatory dilemma. Because once bailed out, banks would lose the incentive to manage risk, which in turn would encourage more and more risk, leading to more bail-outs.    

U.S. Regulators Act in Concert: Depositors will have access to all their money Monday, and taxpayers won't be on the hook for any losses related to Silicon Valley Bank's Collapse

The U.S. Treasury Department, the Federal Reserve and the Federal Deposit Insurance Corp. announced action in the wake of the Silicon Valley bank incident. Depositors will be able to withdraw all their money from Monday 13 March. Any losses related to the failure of Silicon Valley Bank will not be borne by taxpayers.    

Welcome to join the official BlockBeats community:

Telegram Subscription Group: https://t.me/theblockbeats

Telegram Discussion Group: https://t.me/BlockBeats_App

Official Twitter Account: https://twitter.com/BlockBeatsAsia