Economic Report: Small U.S. banks lose 1.9% of their deposits after SVB failure
Deposits at U.S. small banks fell 1.9% in the latest week, the Federal Reserve reported Friday, amid the fallout from the failure of Silicon Valley Bank.
Deposits at U.S. small banks fell 1.9% in the latest week, the Federal Reserve reported Friday, amid the fallout from the failure of Silicon Valley Bank. Shares of Virgin Galactic have rallied after trading down on 13 of the past 17 days. [Read more]