CRE Owners Worried About SVB, Signature Get Immediate Relief But New Concerns Too

Banks can be trusted if they regularly calculate the value of their high-quality liquid assets, and report this to regulators. The recent bank closures, Silicon Valley Bank and Signature Bank initially raised questions of whether companies would have access to their funds. Secretary of the Treasury Janet Yellen, Federal Reserve Board Chair Jerome Powell, and FDIC Chairman Martin Gruenberg made clear that deposits would be available starting Monday, March 13th. The Biden administration and federal regulators are stressing that banks should be able to be trusted. However, a change in the law is needed in order to require banks to provide reports indicating potential problems.

To read more, click here

Interested in speaking with LevRose?


Let’s work together! Partnering with LevRose is easy. Simply fill out this form, including as much information as you can provide about your client and their needs.


Fill out this form to learn more about opportunities to join our team.