Tag: Silicon Valley Bank

Uday Kotak on Silicon Valley Bank crisis an accident was waiting to happen somewhere’

Shares of Silicon Valley Bank (SVB), a key lender to technology startups, sank as much as 60% at the close on Thursday. The worry comes after the Santa Clara, California-based SVB said Wednesday that it was holding a $2.25 billion share sale after suffering a significant loss on its portfolio, which included US Treasuries and […]

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