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3/09/2023

Silicon Valley Bank scrambles to reassure clients after 60% stock wipe-out

Cnn.com - SVB Financial Group scrambled on Thursday to reassure its venture capital clients their money was safe after a capital raise led to its stock collapsing 60% and contributed to wiping out over $80 billion in value from bank shares.

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Canada to send warships to Indo-Pacific, defense minister says

( Bloomberg ) -- Canada plans to send warships to the Indo-Pacific in two deployments this year, its defense minister said, part of a move t...