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With 'goliaths' like JP Morgan also 'winning', analysts say Jittery customers are flocking to major banks in the wake of the SVB collapse One analyst said 'Goliath is winning' as some speed up their onboarding process to cope with the new demand It comes as SVB's spectacular fall from grace continues to wreak havoc on Wall Street Bank of America has reportedly raked in $15 million in new deposits as customers flee small lenders for 'too big to fail' firms in the wake of the Silicon Valley Bank collapse. So-called 'goliath' banks such as JP Morgan and Wells Fargo are...

WASHINGTON, D.C. — In an attempt to avert a major financial disaster in the wake of Silicon Valley Bank's collapse, the Biden Administration held a special meeting with Chinese President Xi to ask him for a quick loan to help bail out the failing bank. "Hey, Xi old buddy! I haven't seen you since we were pallin' around in the foothills of the Himalayas!" said Biden to the CCP leader. "We need a couple bucks. Just a small loan to bail out some bankers and prevent the collapse of the economy again. Can you do us a solid? We promise...