Liquid Loans’ Post

I would agree, bank runs are faster now. We obviously saw this last year with SVB. The combination of rampant social media speculation and digital access to funds, proved to be fatal. I'm interested to see how the regulators enact the proposed plan, when they actually unveil the proposal. When differentiating the types of deposits as "at risk for ultra-fast withdrawals" will they be taking into account digital access, etc? Obviously uninsured deposits will be differentiated somehow. However, as a part of this test, would technology play a part? Part of the issue with SVB was that their app kept crashing (so I heard), causing even more panic. "A top U.S. regulator plans to call for new rules that would require large and midsize lenders to show they can withstand the type of rapid deposit runs that took down three banks in early 2023." "Hsu will propose flagging deposits that regulators view as vulnerable to “herd behavior” as at risk for ultra-fast withdrawals. That could mean tougher regulations for the type of venture or technology deposits that customers pulled en masse from Silicon Valley Bank last year." "Under the plan Hsu is expected to outline, banks would have to show they could cover five days of deposit outflows, including through the Federal Reserve’s discount window." "It would take into account the amount of cash a bank has at the Fed and the collateral it pledges for access to the discount window, as well as the amount of uninsured deposits it holds. Banks could also be asked to do periodic test draws from the discount window under the rule." #banks #liquidity #occ #federalreserve #discountwindow https://lnkd.in/gkg9FZ99

🔥 hot off the press.... ....is the UK ready for a #CBDC, a #digitalpound? Today, HMT and the Bank of England has published its joint response to the February 2023 consultation paper on the topic. Having gathered feedback on a #CBDCs role in the UK's future payment landscape, the project will rumble on to its design phase, looking at the key mechanics and principles of a proposed digital currency issued by our central bank. A long road lies ahead following this, with any build phase not expected to begin until 2025 (at the earliest). More detail below 👇 #fintech #financialservices #technology #payments https://lnkd.in/eTKPvksq

New FedFin report looks at the FDIC’s brokered-deposit proposal. It’s tough, but it’s even tougher when put in context – think also capital pressures, higher rates, tougher supervision. Lots more banks won’t just be reporting lots more brokered deposits, they also won’t be able to gather any. Banks relying on sweep accounts, even from affiliates, could be hit extra hard.  #brokereddeposit #banks #FDIC

New FedFin report looks at the FDIC’s request for deposit data. This isn’t an academic inquiry – it’s setting the stage for higher DIF premiums, other actions. But, because it’s voluntary, the data are sure to be untrustworthy. #DIF, #banks, #depositdata, #depositcomposition

Navigating FDIC limits with large deposits? IntraFi Network Deposits offers a strategic solution. With this service, you can spread your funds across multiple banks within the network, ensuring safety and accessibility. Learn more here: https://hubs.la/Q02ddPtB0 #FinancialInnovation #AssetProtection

📆 As Q4 2023 drew to a close, I had the pleasure of engaging with two exceptional thought leaders in the Crypto Bank arena: Jonas Gantenbein from Bank Frick and Sam Shrager from BCB Group. 💭🎖 They shared key insights with us here at ULAM LABS • Software & Design about the industry, how their banks operate and what sets them apart. If you're a little curious about the best crypto-friendly banks worldwide, and want to learn how Bank Frick, BCB Group and others play a crucial role in bridging the gap between traditional finance and the digital asset world check out the article 👉🏾 https://bit.ly/41u6Lyt

Technology and analytics have become central to staying competitive in #TreasuryManagement. The CBA annual conference included a session on this topic with insights from several banks, which was highlighted in BankNews. https://hubs.la/Q02FVgx10 #FintechRocks #FintechPR #YPRClient

𝐓𝐫𝐮𝐬𝐭𝐁𝐚𝐧𝐜 𝐃𝐚𝐢𝐥𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐨𝐮𝐧𝐝𝐮𝐩, 𝟔𝐭𝐡 𝐌𝐚𝐫𝐜𝐡 𝟐𝟎𝟐𝟒. 𝐌𝐨𝐧𝐞𝐲 𝐌𝐚𝐫𝐤𝐞𝐭: Today, the financial system opened with a surplus balance of ₦309.6bn. However, DMBs made away with ₦1.8 trillion (Yesterday: ₦864bn) at the SLF window of the CBN to fund their short-term funding needs. As a result, the deficit in the financial system expanded by over 145% to close at ₦1.5 trillion. Overnight and open repo rates advanced further to close at 30.46% and 29.50%, respectively. Settlement of NTB auction tomorrow will further expand the deficit barring any CRR refunds from the apex bank. 𝐅𝐨𝐫 𝐦𝐨𝐫𝐞 𝐢𝐧𝐬𝐢𝐠𝐡𝐭𝐬, 𝐝𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐜𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐫𝐞𝐩𝐨𝐫𝐭 𝐛𝐞𝐥𝐨𝐰. #banking / #investment / #brokerage / #wealthmanagement

High-street banks aren't always the clearest when communicating how much they charge for #InternationalMoneyTransfers. We help customers by breaking down the jargon and providing guides on what you can expect to pay if you use your bank when looking to #sendmoneyabroad. 👉 Different services to send money internationally. 👉 Transfer Fees they apply. 👉 What do they charge on the exchange rate margin? Contact me for more info or click the link. https://lnkd.in/exVrjwGG #moneytransfer #ExchangeRates #currencyexchange #largemoneytransfers #keycurrency