- Some Silicon Valley Bank customers are selling their deposits to raise cash quickly.
- These deposits are being offered at a discounted rate, as little as 55 cents on the dollar.
- The Financial Times reported on this phenomenon.
Some Silicon Valley Bank customers selling deposits for quick cash
- Some Silicon Valley Bank customers are selling their deposits to raise cash quickly.
- These deposits are being offered at a discounted rate, as little as 55 cents on the dollar.
- The Financial Times reported on this phenomenon.
[Via]
