Breaking News: UMB Bank among Downgrade List after Recent US Bank Collapse.

In Missouri, financial analysts are attempting to reassure the public following Silicon Valley Bank's failure, marking the largest banking collapse in the US since the financial crisis of 2008. While experts have identified that the bank's liquidity was badly managed, Nathan Mauck, Professor of Finance at UMKC, emphasised that regardless of the precariousness of a bank's position, deposits are safe. Many are concerned over the fate of their savings, particularly as 80% of Silicon Valley's deposits were uninsured, exceeding the $250k typically covered by the federal government. Bond reduction was the second major factor behind the bank's inevitable downfall. Rising interest rates cause a drop in the value of bonds held by banks, compromising the banks' ability to sell them to cover emergency withdrawals. Consequently, Silicon Valley's bonds lost significant value, and the bank could no longer fulfil its safety obligations. Despite Silicon Valley's collapse, experts repeatedly stress that deposits remain secure. Reports from Moody's show that multiple banks remain unsettled, yet analyst Mauck asserts that UMB- the largest bank in Kansas City- is fundamentally sound, despite Moody's recent analysis regarding uninsured deposits and potential losses in their securities portfolio. Though there is certainly a concern that increased fees could be instated as a result of continuing insurance coverage costs, overall, the banking crisis seems to be under control.