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7 Possible Causes of SVB Failure and Predicting the Impact on Regulatory Reporting

Perficient

Short Capital? SVB Financial had Tier 1 risk-based capital of 15.40% as of December 31, 2022, over 80% higher than the 8.50% regulatory required ratio. Including reserves, the parent company had Total risk-based capital of 16.18%, more than 50% higher than the required ratio of 10.50% for large banks. Securities 4a.

Report 474
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Warren presses Capital One CEO for more details about breach

Payments Source

The Massachusetts senator asked Richard Fairbank in a letter why the bank didn’t detect the breach for nearly four months and how it plans to prevent future cyber intrusions.

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Eximchain Secures $20M For Blockchain Platform

PYMNTS

Eximchain , a blockchain-based platform developed in the Massachusetts Institute of Technology’s media lab, has raised $20 million for its supply chain financing solution. Reports in BlockTribune on Monday (March 19) said Eximchain raised the investment from China-based cryptocurrency hedge fund FBG Capital.

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Robinhood’s Week of Excitement May Finally Reform High Frequency Trading

SWBC's LenderHub

On Wednesday, the state of Massachusetts filed a complaint against the firm. The enforcement arm of the Massachusetts Securities Division said, What’s the matter with you?” - Jimmy Conway “Goodfellas”. It’s been an exciting week for eBroker Robinhood Financial.

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Neiman Marcus Emerges From Chapter 11

PYMNTS

He said the company’s new owners include PIMCO, a California-based global investment management firm, Davidson Kempner Capital Management LP, a global institutional alternative investment management firm headquartered in New York City and Sixth Street Partners, the San Francisco global investment firm.

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Cybersecurity USA: The Country’s Most Well-Funded Cybersecurity Startups On One Map

CB Insights

These are (in descending order): Virginia, Massachusetts, New York, Texas, Maryland, Florida, Colorado, and Washington. Following Tanium is Maryland’s continuous network monitoring company Tenable Network Security with $302M raised to date, and then California-based smart phone security company Lookout , with $281M.

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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. Now, customers and analysts will pay more attention to Loans + Securities-to deposit ratio. Instead of just looking at LTD, investors, and depositors, will now look at loan plus securities to total deposits. 9) Brand Matters: SVB had one of the best brands in banking.