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New Questions for Regional Banks

Motley Fool Money

Silicon Valley Bank's Leadership Fell on the Wrong Side of This

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I worry that Silicon Valley Bank's leadership fell on the wrong side of this between keeping a, you know, stiff upper lip and oh, everything's going to be fine. And in a lot of ways, had a culture far more like a startup or venture capital from a P e firm than a bank. The other thing that happened is because so many of their customers just kept putting money in the same checking accounts,. I think 10 accounts were accounted for $25 billion of deposits.

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