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The Latest Breaking News from Silvergate Bank

Since March, the banking sector has encountered numerous challenges, resulting in the collapse of three major banks, which has shattered investors’ sentiments. While I think fundamentally strong bank stock Hanover Bancorp (HNVR) could be worth buying, avoiding Glacier Bancorp (GBCI) and Silvergate Capital (SICP) might be wise. Keep reading.

StockNews.com

Why These 3 High Volume Financial Stocks Are Not Worth Buying

Volumes have soared with bottom fishers expecting gains through the residual value of sunken financial stocks Credit Suisse (CS), First Republic (FRC), and Silvergate (SI). However, with deflating asset prices amid increasing interest rates, it would be wise to avoid them altogether. Continue reading….

StockNews.com

Failed US banks 'pose few risks'

Prime Minister Prayut Chan-o-cha has ordered all relevant officials to keep an eye on the impact of the collapse of Silvergate Bank and Silicon Valley Bank (SVB) in the United States on Thailand's financial system.

Bangkok Post

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US banks' collapse not hurting Thailand, govt says

The collapse of Silvergate Bank and Silicon Valley Bank in the United States is unlikely to have any impact on Thailand because Thai banks do not invest in them, according to a government spokeswoman.

Bangkok Post

Silvergate Capital To Shut Down, Liquidate Crypto-Friendly Silvergate Bank

SI stock tanked after hours Wednesday after Silvergate Capital announced plans to shut down and liquidate crypto lender Silvergate Bank.

Investors Business Daily

Silvergate Stock Dives 55% As Financial Woes Delay Earnings, Scare Crypto Firms

Silvergate Capital stock halved on Thursday as financial woes forced the crypto lender to delay annual results, crypto firms jump ship.

Investors Business Daily

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