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SVB collapsed days after featuring on Forbes' America's Best Banks 2023 list
short by Anmol Sharma / on Saturday, 11 March, 2023
Silicon Valley Bank (SVB), which has become the largest US bank to fail since the 2008 financial crisis, collapsed days after featuring on Forbes' America's Best Banks 2023 list. It bagged the 20th spot on the list that ranked 100 banks. The bank's Moody's credit rating was also A1 just three days ago.
read more at Times Now