Large banks see influx of new depositors following SVB collapse

FAN Editor 2 years ago

Large banks see influx of new depositors following SVB collapse – CBS News

Watch CBS News


Following the collapse of Silicon Valley Bank and regional banking fears, larger U.S. banks have seen an increase in new depositors looking to secure their money. Stephen Gandel, U.S. banking correspondent at The Financial Times, joined CBS News to discuss the fallout and how major U.S. banks are responding.

View CBS News In

Be the first to know

Get browser notifications for breaking news, live events, and exclusive reporting.

Free America Network Articles

Leave a Reply

Next Post

How Twitter helped push Silicon Valley Bank over the edge

Thu Mar 16 , 2023
When prominent businesses and investors started pulling their money out of Silicon Valley Bank over concerns about the bank’s solvency, word spread fast on Twitter.  “Run on the bank!” entrepreneur Kim Dotcom posted in a March 12 tweet that was viewed by 2.4 million people and retweeted nearly 3,500 times. […]

You May Like