SVB Collapse Continues to Have an Impact
Bloomberg Businessweek
00:00
Is There a Leap Forward to Oversight?
Silicon Valley Bank got a ton of deposits in very short order over the last couple of years because all of their clients were just getting huge. SBB kind of didn't have a place to put it, right? You need to take some risk with your money to make money to continue running your businesses at a bank. All their clients were flush with cash and didn't really need credit so they ended up taking a lot of duration risk.
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