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News

The SVB Situation and Your Financial Picture

By Becca Mack | March 15, 2023
How Banks Work Barnett Financial & Tax

You’ve likely heard the news that Silicon Valley Bank (SVB) has experienced a financial shock. In a matter of a few short days, Silicon Valley Bank lost its funds and went under. So, let’s get into the facts that can help put this event into context. The Series of Events Before interest rates started to…

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