Fed Was the ‘Culprit’ on SVB, Signature Bankruptcies, Wood Says

Fed Was the ‘Culprit’ on SVB, Signature Bankruptcies, Wood Says

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It was Federal Reserve policy, not crypto, which was the primary culprit in the bankruptcies of Silicon Valley Bank and Signature Bank, according to Ark Investment chief Cathie Wood. • None First Republic Bank Is Said to Weigh Options Including a Sale • None Ryan Reynolds-Backed Mint Is Bought by…

#federalreserve #arkinvestment #cathiewood #tmobile #newyorkcity #siliconvalleybanks #florida

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