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‘What is a smart way to diversify?’: I don’t want to lose my life ...
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SVB Financial: What Went Wrong, and What Happens Next?
WebMar 13, 2024 · SVB fell victim, in that sense, to a fast-paced bank run of the social-media age—a bitterly ironic fate for a bank that had financed so many tech companies. … WebMar 10, 2024 · SVB Financial reported a few major problems to investors recently. The bank sold substantially all of its available-for-sale securities -- $21 billion worth -- at a $1.8 billion loss, mostly in ... WebMar 13, 2024 · SVB had $209 billion in assets and $175.4 billion in deposits at the time of failure, the FDIC said in a statement. Many of SVB's depositors were technology workers … o\u0027dowds on the plaza