This may be a one off SVB?, will be interesting to see how many companies banking with SVB are impacted? - with US Govt. guarantee of $250,000 - many businesses may be compromised outside the guarantee zone?
Watch that space!
On the scale of Bank Market Cap's SVN is a minnow - still big bucks!:
https://en.wikipedia.org/wiki/List_of_largest_banks_in_the_United_States
Just hope other smaller players aren't compromised in a similar fashion?
Suspect this is a bump in the road to recovery of market stability - time will tell!
This may be a one off SVB?, will be interesting to see how many...
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