On a somewhat related but slightly different topic, as I think this one is a nothing-burger, there was discussion today (internal) and the person was talking about svb. He said that one issue was HTM - Held to Maturity, where I guess you don't have to value assets that you plan to hold until maturity and that's why things were looking good, until they didn't. I don't know anything about this. Just did a google search and found this:
Seems like if you could find out what other banks/investment firms use this for many of their assets you might know which ones could be in trouble.
On a somewhat related but slightly different topic, as I think this one is a nothing-burger, there was discussion today (internal) and the person was talking about svb. He said that one issue was HTM - Hold Til Maturity, where I guess you don't have to value assets that you plan to hold until maturity and that's why things were looking good, until they didn't. I don't know anything about this. Just did a google search and found this:
Seems like if you could find out what other banks/investment firms use this for many of their assets you might know which ones could be in trouble.