SVB depositors backstopped, First Republic falls ~62%, YC scales back its growth-stage team
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The US Treasury Department announced that the FDIC would make all Silicon Valley Bank and Signature Bank depositors whole - Link Shares of First Republic Bank were down ~62% on Monday after the bank announced it had received additional funding from the Fed and JP Morgan Chase -
SVB depositors backstopped, First Republic falls ~62%, YC scales back its growth-stage team
SVB depositors backstopped, First Republic…
SVB depositors backstopped, First Republic falls ~62%, YC scales back its growth-stage team
The US Treasury Department announced that the FDIC would make all Silicon Valley Bank and Signature Bank depositors whole - Link Shares of First Republic Bank were down ~62% on Monday after the bank announced it had received additional funding from the Fed and JP Morgan Chase -