Bloomberg：硅谷银行只是冰山一角华尔街质疑新危机到来-20230310（11页）.pdf

1、Silvergate,Silicon Valley Bank FalloutSparks Wall Street Fears of C Bank Folds,Another Wobbles and WallStreet Asks If Its a Crisis一家银行倒闭，另一家摇摆不定，华尔街质疑这是否是一场危机More lenders are struggling to keep depositsfrom fleeing 更多的银行正在努力防止存款外逃Silicon Valley Bank is just the tip of theiceberg“硅谷银行只是冰山一角”/s精选研报纪要杂

2、志V入群：up0668899Silicon Valley Bank headquarters in Santa Clara,California.加州圣克拉拉的硅谷银行总部。Photographer:David Paul Morris/Bloomberg 摄影:David Paul Morris/彭博社2023年3月10日 GMT+8 上午10:22Silvergate Capital Corp.s abrupt shutdown andSVB Financial Groups hasty fundraising havesent US bank stocks diving and tongu

3、es waggingacross the industry:Could this be the start of amuch bigger problem?Silvergate Capital Corp 的突然关门以及 SVB Financial Group 的仓促融资，使得美国银行类股纷纷下跌，整个行业议论纷纷:这会不会是一个更大问题的开端？精选研报纪要杂志V入群：up0668899The issue at both of the once-highflyingCalifornia lenders was an unusually fickle base ofdepositors who y

4、anked money quickly.Butbelow that is a crack reaching across finance:Rising interest rates have left banks laden withlow-interest bonds that cant be sold in a hurrywithout losses.So if too many customers taptheir deposits at once,it risks a vicious cycle.这两家曾经风光无限的加利福尼亚银行的问题在于，它们的存款基础异常反复无常，而且迅速撤资。但

5、在这之下是一条贯穿整个金融业的裂缝:不断上升的利率让银行背负了大量低息债券，这些债券不能在匆忙之中出售，否则就会遭受损失。因此，如果有太多的客户同时动用他们的存款，就会面临恶性循环的风险。Across the investing world,“people are askingwho is the next one?”said Jens Nordvig,founderof market analytics and data intelligencecompanies Exante Data and Market Reader.“Iam getting lots of questions abo

6、ut this from myclients.”在整个投资界，“人们都在问谁是下一个?”市场分析和数据情报公司 Exante Data 和 Market Reader 的创始人延斯诺德维格(Jens Nordvig)表示。“我的客户对此提出了很多问题。”精选研报纪要杂志V入群：up0668899Indeed,amid deposit withdrawals at SVB,itschief executive officer urged customers onThursday to“stay calm.”事实上，在 SVB 提取存款的过程中，其首席执行官周四敦促客户“保持冷静”The imme