Under a March 26 purchase and #assumption agreement, 17 former #branches of Silicon Valley Bank will open as First Citizens Bank and Trust Company on Monday,

Under a March 26 purchase and #assumption agreement, 17 former #branches of Silicon Valley Bank will open as First Citizens Bank and Trust Company on Monday,

which will see $38.4 billion worth of non-cryptocurrency-related #deposits and $12.9 billion in loans taken over by the Michigan-based bank under a “purchase and #assumption agreement."

The entire #banking concept is based on the #assumption that depositors will not want to withdraw their money 

But what happens when this #assumption fails? The answer lies in the asset-liability #mismatch of banks, which can lead to disastrous consequences for the broader financial system. 

#Idiosyncrasies and failures in her blog. “We’re seeing what happens when that #assumption no longer holds

#Idiosyncrasies and failures in her blog. “We’re seeing what happens when that #assumption no longer holds

dampen “animal spirits” in the #market, based on the #assumption that the Fed doesn’t want

dampen “animal spirits” in the #market, based on the #assumption that the Fed doesn’t want

dampen “animal spirits” in the #market, based on the #assumption that the Fed doesn’t want

The #risk to this #assumption is that the #RSI has been in the overbought territory for the past few days

The #risk to this #assumption is that the #RSI has been in the overbought territory for the past few days

The #risk to this #assumption is that the #RSI has been in the overbought territory for the past few days

The #risk to this #assumption is that the #RSI has been in the overbought territory for the past few days

The #risk to this #assumption is that the #RSI has been in the overbought territory for the past few days

Contrary to this #assumption, if the #index fails to sustain above the downtrend line.