Silicon Valley Bank Took Steps to Shore Up Capital After Being Hit by Losses on Its ... - Latest Tweet by Bloomberg

Silicon Valley Bank took steps to shore up capital after being hit by losses on its securities portfolio and a slowdown in funding at the venture capital-backed firms it banks.

The company’s shares plunged by the most on record. @CarolineHydeTV reports https://t.co/pZgFTLxceL pic.twitter.com/c6hGEe4pu7— Bloomberg (@business) March 9, 2023

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