A day before collapse, Silicon Valley Bank depositors & investors tried to pull $42 billion ...Middle East

Investors and depositors tried to pull $42 billion from Silicon Valley Bank on Thursday in one of the biggest US bank runs in more than a decade, according to a Friday regulatory filing. The bank had suffered a $1.8 billion loss on the sale of US treasuries and mortgage-backed securities and outlined a plan to raise $2.25 billion of capital to shore up its finances.

Hence then, the article about a day before collapse silicon valley bank depositors investors tried to pull 42 billion was published today ( Saturday 11/03/2023 - 12:52 PM ) and is available on The Times of India ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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