Shares of a little known Californian lender to tech companies – Silicon Valley Bank – were suspended today after revealing big bond losses, triggering billions of dollars to be wiped off the value of global banking stocks on fears that they too face huge losses on their bond portfolios.
Share this post
Could Silicon Valley Bank trigger the next…
Share this post
Shares of a little known Californian lender to tech companies – Silicon Valley Bank – were suspended today after revealing big bond losses, triggering billions of dollars to be wiped off the value of global banking stocks on fears that they too face huge losses on their bond portfolios.