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SVB collapse: What's next?
48 hours is all it took for Silicon Valley Bank (SVB) to become the second-worst banking failure in the US, after Washington Mutual's collapse in 2008. The background of the two could not be more different though. SVB mainly focuses on companies, as it is arguably the key player for liquidity for tech startups and venture capitalists in the environment, while Washington Mutual was a firm that catered more towards retail clients.
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Posted: Mar 12 2023, 11:45
Author Name: forexlive
Views: 102816