One Year Later, 81% of SVB’s Clients Still Bank With Them – and Big Banks Got Bigger
One year after Silicon Valley Bank’s collapse and seizure, “Regional bank stocks remain volatile compared to other types of financial institutions,” reports the Observer, “indicating investors’ lingering worries about the sector.” But not everyone suffered: Benefiting from the crisis were big players, like JPMorgan Chase. After acquiring First Republic’s $212.6 billion in loans and $92.4
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