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Silicon Valley Bank launches a $2.25B share sale after losing ~$1.8B on its ~$21B of US Treasuries and mortgage-backed securities; SIVB closes down 60.41% (Financial Times)

Financial Times: Silicon Valley Bank launches a $2.25B share sale after losing ~$1.8B on its ~$21B of US Treasuries and mortgage-backed securities; SIVB closes down 60.41%  —  Technology-focused lender suffered loss on $21bn portfolio of Treasuries and mortgage-backed securities
http://www.techmeme.com/230309/p25?utm_source=dlvr.it&utm_medium=blogger#a230309p25

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