The Eagle’s Eye May 2023 Client Letter
Bank failures, rate talk, and economic anxieties Is the banking crisis finally in the rearview mirror? During March, Silicon Valley Bank (SVB) unexpectedly collapsed after it announced a plan to raise capital. Signature Bank (SB) was shuttered shortly after SVB’s closure. At the time, it was the second and third-largest bank failures in U.S. history. […]
