Record Bank Run Drained a Quarter, or $42BN, of SVB’s Deposits in Hours, Leaving It With Negative $1BN in Cash

Record Bank Run Drained a Quarter, or $42BN, of SVB’s Deposits in Hours, Leaving It With Negative $1BN in Cash   “Let us get this straight: the largest US commercial bank was actively soliciting the clients of one of its biggest competitors, and the 16th largest US bank, knowing full well deposit flight would almost certainly
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