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One Year Later, 81% of SVB's Clients Still Bank With Them - and Big Banks Got Bigger
One year after Silicon Valley Bank's collapse and seizure, "Regional bank stocks remain volatile compared to other types of financial institutions," reports the Observer, "indicating investors' lingering worries about the sector." But not everyone suffered: Benefiting from the crisis were big playe...
Overall, larger commercial banks saw inflows as customers sought safer institutions to hold their money. CNN: Who deserves more blame: failed banks' management teams for not ensuring proper guardrails were in place or financial supervisors whose jobs are to identify red flags? When it comes to offices, we have certain pockets of life science businesses like lab research facilities that are super safe because they never had to close during Covid.
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