The shares of the main banking entities have suffered sharp falls in the Mexican stock market in recent days, hit by the concerns generated after the fall of the US lender, to which the financial problems of Signature Bank were added.
“It does not seem unusual to me that it can generate nervousness and carry some fear, but this is more due to a perception effect than a reality effect,” Becker said in an interview with Reuters in the run-up to a banking convention that will take place. this week in Mérida, capital of the touristic state of Yucatán.
The US Department of Justice and the Securities and Exchange Commission (SEC) are investigating the bankruptcy of Silicon Valley Bank, a subsidiary of the defunct SVB Financial Group.
The investigations are also looking at sales of shares that SVB Financial executives made days before the bank’s failure, the report said, adding that the Justice Department investigation involves the department’s fraud prosecutors in Washington and San Francisco.
The SEC and a Justice Department spokesman in Washington declined to comment. SVB did not immediately respond to a Reuters request for comment.
The US Federal Deposit Insurance Corporation said Monday that it had transferred all Silicon Valley Bank SIVB.O deposits to a newly created bridge bank and that all depositors would have access to their money starting Monday morning. .
With information from Reuters