NunyaBidness on Nostr: "The collapse came after #SVB said it was trying to raise $2.25bn (£1.9bn) to plug a ...
"The collapse came after #SVB said it was trying to raise $2.25bn (£1.9bn) to plug a loss caused by the sale of assets, ->-> mainly US government bonds <-<-, which had been affected by higher interest rates."
https://www.bbc.com/news/business-64915616
https://www.bbc.com/news/business-64915616