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The Daily Hodl 2023-03-12 20:27:41

New Bank Run Already Underway at Second Regional Bank After SVB Collapse, Says Investor David Sacks

Former PayPal executive, tech investor and entrepreneur David Sacks says another bank run is already underway at a second regional bank following the abrupt collapse of Silicon Valley Bank. In a new interview with UnHerd, Sacks says he knows of at least one other bank that is already facing mass withdrawals from corporate clients. “I The post New Bank Run Already Underway at Second Regional Bank After SVB Collapse, Says Investor David Sacks appeared first on The Daily Hodl .

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