First Citizen Financial institution from North Carolina emerges as purchaser of (most of) SVB with sort assist from the FDIC. In keeping with the FT, First Citizen has expertise with shopping for troubled banks.
The all the time wonderful Morgan Housel on how mass panics develop and insulate oneself (if attainable in any respect)
Carsten Mueller from Augustusville has posted an attention-grabbing Portfolio overview
John Hempton has a fairly clear opinion on who ist accountable for the loss on Credit score Suisse AT1 bonds
Hindenburg got here out with a blazing assault on Jack Dorsey’s Block (ex Sq.)
Swen Lorenz thinks that Dinosaur Bones may very well be the following thrilling “different asset” class
An attention-grabbing interview with Sam Altman, the Mastermind behind ChatGPT
