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Silicon Valley Bank’s Failure is a Lesson for Depositories with MBS
National Mortgage News, Mar. 13, 2023–Bonnie Sinnock (subscription)
While many things played a role in the bank’s downfall — including the withdrawal of its niche depositors, a social media post from a newsletter they followed, and the poor timing of its capital raise — its management of MBS did, too.
https://www.nationalmortgagenews.com/news/silicon-valley-banks-failure-is-a-lesson-for-depositories-with-mbs?