One Of The Best Traders In Congress Sells Shares Of Distressed Regional Bank On Day Of Stock Crash

One Of The Best Traders In Congress Sells Shares Of Distressed Regional Bank On Day Of Stock Crash

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Several banks have collapsed in 2023, including Silvergate Capital SI, Signature Bank SBNY and Silicon Valley Bank, a unit of SVB Financial SIVB. The Department of Treasury and Federal Reserve stepped in to provide a backstop for depositors of Silicon Valley Bank. A member of Congress sold shares…

#silvergatecapitalsi #signaturebank #siliconvalleybank #svbfinancialsivb #departmentoftreasury #federalreserve #bankingcrisistrade #firstrepublicbank #firstrepublic #johncurtis

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