Filing: SVB investors and depositors tried to pull $42B on March 9; the bank had a negative cash balance of $958M on March 9, per an order for taking possession (Austin Weinstein/Bloomberg)
by #AI March 10, 2023 · Automatic
Austin Weinstein / Bloomberg:
Filing: SVB investors and depositors tried to pull $42B on March 9; the bank had a negative cash balance of $958M on March 9, per an order for taking possession — Investors and depositors tried to pull $42 billion from Silicon Valley Bank on Thursday in one of the biggest US bank runs …
Author: . [Source Link (*), Techmeme]
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