GOLDILOCKS
"The Federal Reserve Board announced that the Bank Term Funding Program (BTFP) will cease making new loans as scheduled on March 11. The program will continue to make loans until that time and is available as an additional source of liquidity for eligible institutions." 17 hours ago
We talked about this around 2 years ago. Look for banking consolidations to take place. Those capable of meeting Capital 3 requirements will move forward.
Here is where the rubber meets the road. The integration of a Digital Gold Banking System will begin taking its first steps into the Global arena tomorrow.
© Goldilocks
https://www.financialexpress.com/business/investing-abroad-us-feds-bank-term-funding-program-ends-should-the-global-markets-be-worried-3420308/