SVB: Domino Danger OR Nick of Time Warning | Debbie Discusses 3.13.2

SVB: Domino Danger OR Nick of Time Warning | Debbie Discusses 3.13.2 Thumbnail

SVB: Domino Danger OR Nick of Time Warning | Debbie Discusses 3.13.2

SVB’s portfolio of fixed rate bonds lost billions in value, SVB saw $42B in deposits leave the bank in one day last week which resulted in an instantaneous SVB insolvency and closure.

#SiliconValleyBank #SVB #Closure #Bank #AmericaMatters