Systemic Solvency Club
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Regulatory Capital Anatomy™
The JC’s untutored thoughts on how bank capital works.
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What is Systemic Solvency Club?
Systemic Solvency Club (“SSC”) is a secretive the global cabal community of bank regulators, executives, and their assorted committees, councils and forums and acolytes who get together periodically at a hotel retreat in the Denver mountains called “The Meadows” to benignly oversee the rules, protocols and conventions of international finance that keep us safe from harm, rapacity and ignorance.
==Who is in Systemic Solvency Club?
If you have to ask, it isn’t you.
The first rule of SSC
The first rule of Systemic Solvency Club is YOU DON'T TALK ABOUT SYSTEMIC SOLVENCY CLUB.
- 24 March 2023: Deutsche Bank: “Deutsche Bank has fundamentally modernised and reorganised its business and is a very profitable bank,” Scholz said, “There is no reason to be concerned about it.”
- 23 March 2023: Charles Schwab: Charles Schwab has enough liquidity if all bank deposits 'ran off,' CEO says
- 23 March 2023: The whole US Banking system (Citigroup): Citigroup CEO says banking system ‘pretty sound’
- 20 March 2023: The whole French Banking System: Villeroy Says French Banks’ Business Model Is Stable, Profitable
- 16 March 2023: The whole US Banking system (Fed): Yellen declares bank system sound
- 9 March 2023: Signature Bank: Signature Bank says its financial position is ‘strong’
- 9 March 2023: Silicon Valley Bank: the bank has “ample liquidity to support our clients”
- 30 September 2022: Credit Suisse: Credit Suisse has strong capital base and liquidity