Silicon Valley Bank has launched a $2.25B share sale after a ~$1.8B loss on its ~$21B portfolio of Treasuries and mortgage-backed securities; SIVB is down 50%+ (Financial Times)
Financial Times:
Silicon Valley Bank has launched a $2.25B share sale after a ~$1.8B loss on its ~$21B portfolio of Treasuries and mortgage-backed securities; SIVB is down 50%+ — Technology-focused lender suffered loss on $21bn portfolio of Treasuries and mortgage-backed securities
from Techmeme https://ift.tt/FNtcegx
Silicon Valley Bank has launched a $2.25B share sale after a ~$1.8B loss on its ~$21B portfolio of Treasuries and mortgage-backed securities; SIVB is down 50%+ (Financial Times)
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March 09, 2023
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