SVB Financial Group

First Republic Bank tanks 62% as US Regional Banks lose worth

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First Republic Bank

First Republic Bank tanks 62% as US Regional Banks lose worth in spite of assurances from US regional lenders assure investors. The lenders have been doing their best to reduce the volatility after the collapse of the Silicon Valley Bank, but even after such measures, the bank’s worth continues to fall massively. The bank has … Read more

Massive stock erosion of about 60% for Silicon Valley Bank

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Silicon Valley Bank

Stock erosion of over 60% for the Silicon Valley Bank puts its Venture Capital Clients in a spot of bother as $80 million wipes out. The bank, on Wednesday, 8th March 2023 had launched a sale of its shares worth $1.75 billion to cover up for the losses it sustained by the sale of a … Read more

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