Svb: SVB deal supports bank stocks amid credit crunch concerns – Times of India
[ad_1] The sale of failed Silicon Valley Bank (SVB) to a regional US peer and reports of a possible expansion of funding lifelines lifted banking stocks on Monday, easing worries about systemic stress and a looming credit crunch.The sudden collapse of tech-focused SVB earlier this month has triggered the worst banking shock since the 2008 … Read more