[devere]

At the end of last year, SVB had more than $175 billion in deposits — and $209 billion in total assets. Unless that filing was a fraud, the bank is illiquid but not insolvent. Assuming competence on the part of federal banking authorities, It is quite possible that no one but the bank stock owners will lose any money. I am predicting that all depositors will recover over 90% of their money.

[Mozzafiato]

At the end of last year, SVB had more than $175 billion in deposits — and $209 billion in total assets. Unless that filing was a fraud, the bank is illiquid but not insolvent.

$42 billion in deposits were drained on Thursday during the bank run