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Silicon Valley Bank's demise began with downgrade threat

Summary by Financial Post
In the middle of last week, Moody's Investors Service Inc delivered alarming news to SVB Financial Group, the parent of Silicon Valley Bank: the ratings firm was preparing to downgrade the bank's credit.

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  • 55% of the sources are Center
55% Center
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Financial Post broke the news in Canada on Saturday, March 11, 2023.
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