Paradoxes of U.S. Financial System Resilience

... (SVB) and Silvergate Capital—coupled with a sharp decline in the market value of Wall Street financial titans, such as JPMorgan Chase, Bank of America, Citigroup and Wells Fargo, triggered a lively discussion in the expert community about another financial crisis looming in the United States. While the former incident was triggered by runaway depositors doubting the solvency of the banks, whose assets are linked to the funding of hi-tech start-ups in the Silicon Valley, the latter has most likely ...