Bloomberg

@business ↗

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Last Checked March 15, 2023

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Wed Mar 08 22:45:11 +0000 2023

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Bloomberg @business

Talks with the FDIC to salvage the bank slumped Silvergate's shares, with it trading for as little as $4.57 https://t.co/1EoGblgacx — PolitiTweet.org

Posted March 8, 2023 Hibernated

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Bloomberg @business

Silvergate then entered talks with US regulator Federal Deposit Insurance Corporation to avoid a shutdown https://t.co/FagZwCpcZA — PolitiTweet.org

Posted March 8, 2023 Hibernated

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Bloomberg @business

On Wednesday, the bank released a statement outlining plans to shut down and liquidate its bank "in light of recent industry and regulatory developments." The news sent shares down as much as 50% in after-hours trading https://t.co/h0rCT0LQEc — PolitiTweet.org

Posted March 8, 2023 Hibernated