Sounds like they needed more diversity in their overall capital portfolio; based... | Hacker News

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		kfrzcode on March 13, 2023 \| parent \| context \| favorite \| on: Joint statement by the Department of the Treasury,... Sounds like they needed more diversity in their overall capital portfolio; based on significant risk of these long-term bond rate increases -- is this a common tactic that would be employed at other banks, but it's just that SVB had a "special" system where customers would hold more money there or something? What's stopping my Local Bank from crashing this week?

_skel on March 13, 2023 [–]

> What's stopping my Local Bank from crashing this week?

Enough consumer confidence to prevent a bank run is the only thing that prevents a run on any bank, including the largest banks in the world.

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