John Cronin, an analyst at stock broker Goodbody, said, "Silicon Valley Bank is a unique case because it relies heavily on commercial deposits for funding. The large outflow of corporate deposits experienced by Silicon Valley Bank, which forced it to liquidate investment securities to make up for the funding gap, is not a trend we have seen in British banks. I think the market has overreacted." (Jinshi) #dyor, #BNB, #GameFi