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SVB Spawns Banking Crisis As Biden Urges for Tougher Rules

SVB Spawns Banking Crisis As Biden Urges for Tougher Rules

Published 2 years, 11 months ago
Description

Bloomberg's Caroline Hyde and Ed Ludlow break down how Silicon Valley Bank spawned a banking crisis and its impact on startups and investors, while President Biden asks for tougher regulation of the banking industry. Plus, HSBC buys the UK arm of SVB for one pound. 

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