by Brian Pillmore | Apr 27, 2023 | Brian's Blog
It’s part of what sunk SVB. When you take a large loan from the bank, They expect you to do more business with them. For some banks it’s: We gave you a $1M loan for a building,Now we expect you to lease cars through us too. For SVB it meant: We just gave you a $5M...
by Brian Pillmore | Apr 24, 2023 | Brian's Blog
It was the best thing that could have happened to me. It was January 2020 and I had just left the bank I was working for at the time. I took a couple weeks off and then agreed to a project doing competitor research and commercial strategy for a friend who was CEO at a...
by visbanking | Apr 9, 2023 | Press Releases
Oklahoma City, OK – Visbanking, a leading provider of bank information services, today announced the release of their open source package “fdicdata” for the R programming language. The package has been accepted by CRAN, the comprehensive R Archive...
by Brian Pillmore | Mar 31, 2023 | Brian's Blog
Estimated reading time: 2 minutes One of the first things the bank will look at is your Balance Sheet Leverage. Total Debt / Tangible Net Worth In other words: “How much debt does the business have compared to the worth of the company?” But the question they are...
by Brian Pillmore | Mar 31, 2023 | Brian's Blog
Estimated reading time: 2 minutes But they chose to have 100% of nothing instead of 50% of something. It started back in 2019 when SVB made a push for a Held-to-Maturity bond portfolio. They proceeded to POUR capital into that portfolio, About $20B / Quarter. When...
