Silicon Valley Bank was the tip of a banking iceberg
Published
Traditional financial institutions take deposits from customers and use them to make loans. But they loan out much more than what they have in store at a given point in time — a concept known as fractional banking. On one hand, the difference between the interest on the loans and the interest paid…
#svb #usdc #washingtonmutual #frankact #federalreserve #dfa #volckerrule #stem #smbs #siliconvalleybank