Silicon Valley Bank Urges Clients To "Stay Calm" After 60% Stock Tumble

Friday, 10 March 2023Newsdesk
Silicon Valley Bank Urges Clients To "Stay Calm" After 60% Stock Tumble
The immediate risk for many banks may not be existential, according to analysts, but it could still be painful.

New Delhi 10 March 2023

As per news report of NDTV, Silvergate Capital Corp.'s abrupt shutdown and SVB Financial Group's hasty fundraising have sent US bank stocks diving and tongues wagging across the industry: Could this be the start of a much bigger problem?

Source -NDTV

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