Depositors

Technology

As the "Bank of Startups", Silicon Valley Bank collapsed from its exposure to interest-rate risk, a lack of diversity among depositors, and VC herd mentality (Matt Levine/Bloomberg)

March 11, 2023
Photo of As the "Bank of Startups", Silicon Valley Bank collapsed from its exposure to interest-rate risk, a lack of diversity among depositors, and VC herd mentality (Matt Levine/Bloomberg)

[ad_1] Matt Levine / Bloomberg: As the “Bank of Startups”, Silicon Valley Bank collapsed from its exposure to interest-rate risk,…

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Technology

Filing: SVB investors and depositors tried to pull $42B on March 9; the bank had a negative cash balance of $958M on March 9, per an order for taking possession (Austin Weinstein/Bloomberg)

March 11, 2023
Photo of Filing: SVB investors and depositors tried to pull $42B on March 9; the bank had a negative cash balance of $958M on March 9, per an order for taking possession (Austin Weinstein/Bloomberg)

[ad_1] Austin Weinstein / Bloomberg: Filing: SVB investors and depositors tried to pull $42B on March 9; the bank had…

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Dallas

Silicon Valley Bank seized after run by depositors

March 11, 2023
Photo of Silicon Valley Bank seized after run by depositors

[ad_1] Silicon Valley Bank’s failure came with incredible speed, with some industry analysts on Friday suggesting it was a good…

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Stock Market

SVB Depositors, Investors Tried to Pull $42 Billion Thursday

March 11, 2023
Photo of SVB Depositors, Investors Tried to Pull $42 Billion Thursday

[ad_1] (Bloomberg) — Investors and depositors tried to pull $42 billion from Silicon Valley Bank on Thursday in one of…

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Washington

Silicon Valley Bank seized by FDIC as depositors pull cash

March 10, 2023
Photo of Silicon Valley Bank seized by FDIC as depositors pull cash

[ad_1] NEW YORK — The Federal Deposit Insurance Corporation seized the assets of Silicon Valley Bank on Friday, marking the…

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