Silicon Valley Bank Crashes 65%, Halted ‘Pending News’

• Silicon Valley Bank Crashes 65%, Halted ‘Pending News’
  by Tyler Durden, https://www.zerohedge.com/
  Trading in Silicon Valley Bank shares has been halted after they plunged another 65% overnight after numerous icon VCs recommended clients pull cash from the struggling regional bank…
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  The Treasury Department is monitoring Silicon Valley Bank “very carefully,” White House Economic Advisor Bharat Ramamurti tells CNBC. “I don’t want to say more than that right now, but I want to assure the viewers that this is something we are on top of,” he says, while adding that this is a “highly fluid situation”
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