Hey there! $4 in NYC.
When federal regulators $4 at Silicon Valley Bank and Signature Bank late Sunday ($4), the goal was simple: Ease the public concerns and calm the markets.
Not so fast, my friend!
There was $4 Monday, specifically $4
So, what are you waiting for? Let's get into it.
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1. So about that auction... SVB Financial Group, the parent company of Silicon Valley Bank, is still looking for a buyer. There was at least one bidder in Sunday night's auction, but it was turned down by the FDIC. $4
2. And so begins the fight for $200 billion in deposits. The downfall of SVB means that plenty of people and startups are looking for a new bank. $4
3. Who comes out on top from all this? It might seem crass to think about winners and losers, but this is Wall Street. Here's a rundown of the people and firms that are better off now than they were a week ago, and the ones who faced a setback. $4
4. $4 After a tumultuous weekend when they saw their startups' lives flash before their eyes, nine founders who banked at SVB $4 Meanwhile, one tech founder's experience dealing with the SVB $4
5. Read this if you're a worrywart. A couple banks failing doesn't instill confidence in the wider financial markets. But, rest assured, SVB's blowup is a far cry from the 2008 financial crisis. $4
6. Meanwhile, in the UK. Silicon Valley Bank's UK arm was sold to HSBC for roughly $1 (no, I'm not missing any zeros). $4
7. Silicon Valley Bank died so interest-rate hikes would stop. SVB's failure could put an end to the aggressive rate hikes that have plagued the market for nearly a year. $4
8. The politicians are weighing in. Republicans are criticizing the bailout $4 and pointing to SVB's $4. Democrats are blaming Trump-era regulations $4 And Democratic Sen. Elizabeth Warren doesn't understand $4
9. This ain't your grandparents bank run. An interesting piece of the SVB failure was how quickly it all occurred. That's thanks in large part to a banking system that's largely digital. $4
10. One SVB asset that's not in decline: $4. From cardboard boxes to wine tumblers, anything with an SVB logo is being put up for sale on eBay. $4
Curated by Dan DeFrancesco in New York. Feedback or tips? Email ddefrancesco@insider.com, tweet $4, or $4. Edited by Jeffrey Cane (tweet @jeffrey_cane>$4) in New York and Hallam Bullock (tweet @hallam_bullock>$4) in London.