—have expressed their support for the lender as they caution tech founders against panicking and triggering a bank run.Billionaire and activist investor Bill Ackman warned that the failure of SVB could cause a domino effect that will impact other financial institutions as he urged the government to step in and keep the bank afloat if the need arises.
more than $52 billion from their valuation. The tech-heavy Nasdaq index ended the day more than 2% in the red while the S&P 500 and Dow Jones indexes were down 1.85% and 1.66%, respectively.
, they were on your list of best banks, right?
A concerning development that raises questions about the bank's stability and future prospects
Customers who try to withdraw & cause a bank run need to be criminally charged for causing this bank to fail, but people will blame it on the CEO who sold tens of millions in stock options two weeks ago instead.
Isn't this where all the prized democrat donors reside? Troubles in DNC paradise?
RIP SVB and my prime parking spot for 49ers games across from levi’s stadium hahahahahha damn it!
What does this mean someone explain it to me like im a child
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