Silicon Valley Bank has launched a $2.25B share sale after a ~$1.8B loss on its ~$21B portfolio of Treasuries and mortgage-backed securities; SIVB is down 50%+ (Financial Times)

Financial Times:
Silicon Valley Bank has launched a $2.25B share sale after a ~$1.8B loss on its ~$21B portfolio of Treasuries and mortgage-backed securities; SIVB is down 50%+  —  Technology-focused lender suffered loss on $21bn portfolio of Treasuries and mortgage-backed securities

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