US banks are on a ‘bumpy’ path as troubles deepen at First Republic, following the collapse of Silicon Valley Bank and Signature

US banks are on a ‘bumpy’ path as troubles deepen at First Republic, following the collapse of Silicon Valley Bank and Signature

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Depositors have been fleeing regional lenders following the collapse of SVB Financial Group’s Silicon Valley Bank, after it failed to raise capital amid huge losses on its debt investments.

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