Today news
About the same in other media
Short-sellers make $600m in one day on Silicon Valley Bank crisis
Reading now: 488
Short-sellers have made millions by betting big against Silicon Valley Bank after its parent company SVB Financial Group suffered a multi-billion dollar hit in securities sales.
SVB Financial Group launched a $1.8bn share sale on 8 March to cover a post-tax loss of $1.8bn caused by a larger-than-expected decline in deposits, which led to its stock plunging 60% on 9 March.
Silicon...
Read more on fnlondon.comAbout this in other media
Silicon Valley Bank was the tip of a banking iceberg cointelegraph.com /1 year ago
FDIC to attempt another auction of Silicon Valley Bank: Report cointelegraph.com /1 year ago
USDC Crisis Averted? Federal Regulators Offer Reassurance to Silicon Valley Bank Depositors, Ensuring Access to Funds cryptonews.com /1 year ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
