>>123260, >>123269
SVB Races to Prevent Bank Run as Funds Advise Pulling Cash
-Europe’s biggest banks lost over $40 billion in value Friday
-Panic spreads across the financial world about bank’s health
March 9, 2023 at 12:53 PM PST Updated on March 10, 2023 at 5:45 AM PST
Unease is spreading across the financial world as concerns about the stability of Silicon Valley Bank prompt prominent venture capitalists including Peter Thiel’s Founders Fund to advise startups to withdraw their money.
https://www.bloomberg.com/news/articles/2023-03-09/svb-ceo-becker-asks-silicon-valley-bank-clients-to-stay-calm?