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Their SVB Private subsidiary, which is an ordinary consumer bank (people deposit money, bank buys bonds and writes mortgages) is still in good shape and will pr
by JJMcJ 4y ago
Their SVB Private subsidiary, which is an ordinary consumer bank (people deposit money, bank buys bonds and writes mortgages) is still in good shape and will probably be snapped up by a bigger bank in the next few dya.
For the shareholders of SVB, Patio11 of course says it best: https://twitter.com/patio11/status/1634925745515692034 https://twitter.com/patio11/status/1634925745515692034
> The sacred duty of equity is to take losses before depositors.