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Tag: Silicon Valley Bank

Consultant predicts SVB bankruptcy will have ‘limited economic impact’

Advisory firm Crédito y Caución predicted this Monday that the bankruptcy of Silicon Valley Bank (SVB), the sector's largest since 2008, would have a limited impact on the economy, but noted that credit could tighten. “We hope that worries will dissipate as confidence recovers thanks to the administration’s liquidity support measures, implicit guarantees and...