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Fears Rise that Silicon Valley Bank Might Only Be the Beginning of Bank Failures

The Silicon Valley Bank failure may not be the only bank to fail per some experts in the field. 

The Silicon Valley Bank failed while the executives at the bank sold their shares before the failure – an obvious misuse of insider information.

Having insiders like these executives gives you an idea of the ethics in the management at the bank.  These individuals may be in serious trouble.

Others were not so lucky.

There are fears that the Silicon Valley Bank may not be the last bank to fail in 2023.

Fears were mounting on Friday for the future of First Republic Bank, after the collapse on Friday of Silicon Valley Bank and the resulting ripple effect.

Silicon Valley Bank, the 14th largest in the United States, specialized in supporting tech businesses and has been hard-hit by both the economic conditions and inflation.

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