#bankingindustry — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #bankingindustry, aggregated by home.social.
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US Banking Industry Still Struggling as First Republic Bank Shares Plummet by Over 30% - In the midst of a tumultuous week, First Republic Bank is struggling to regain its... - https://news.bitcoin.com/us-banking-industry-still-struggling-as-first-republic-bank-shares-plummet-by-over-30/ #governmentreceivership #marketcapitalization #customerwithdrawals #financialchallenges #investorconfidence #economicstability #firstrepublicbank #bankingindustry #frccollapse #stockmarket #assetsales
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#SocialMedia as a #BankRun #Catalyst (April 18, 2023). SSRN: https://ssrn.com/abstract=4422754 or http://dx.doi.org/10.2139/ssrn.4422754
#Socialmedia #fueled a #bankrun on #SiliconValle Bank #SVB, and the effects were felt broadly in the U.S. #bankingindustry. We employ comprehensive #Twitter #data to show that preexisting #exposure to #socialmedia predicts #bank #stockmarket #losses in the run period even after controlling for bank characteristics related to #runrisk.#FDIC #FederalReserve #banking #FinancialStability