Decline in Market
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Silicon Valley Bank (SIVB. O) fell more than 50% before the session
It is reported that the Bank of Silicon Valley (SIVB. O) fell more than 50% before the market, after several institutions proposed to withdraw funds. Interpretation of this information: The news about the Bank of Silicon Valley (SIVB.O) falling more than 50% before the market opened, turned out to be a shock for many. The reason for the fall is allegedly multiple institutions proposing to withdraw funds. While the specifics of these institutions have not been named, it is believed that this news is sufficient enough for the Bank of…
