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SVB: From the valley to the chasm

While relatively unknown outside of Silicon Valley, SVB was among the top 20 American commercial banks (the 16th largest), with $209 billion in total assets at the end of last year, according to the FDIC. It’s the largest lender to fail since Washington Mutual collapsed in 2008 during the global financial crash. So, contrary to some reports, SVB is no minnow.
United States Ciaran Callaghan Holger Zschaepitz Schuldensuehner Ed Moya Jay Powell Silicon Valley Bank

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