Silicon Valley Bank online banking system and mobile services are now unavailable for business clients. The stock is down over 80% yesterday alone. In 2021 SVB saw a mass influx in deposits, which jumped from $61.76bn at the end of 2019 to $189.20bn at the end of 2021. As deposits grew, SVB could not grow their loan book fast enough to generate the yield they … Continue reading Financials getting destroyed. Silvergate Capital, SVB Financial down 70%, rumors of bank runs. Credit Suisse Winding Down?