'This is a warning to the Fed': Wall Street reacts to the collapse of Silicon Valley Bank, the biggest bank failure since 2008 | iCloud.Info

Fri, 03/10/2023 - 15:15

A Brinks armored truck sits parked in front of the shuttered Silicon Valley Bank (SVB) headquarters on March 10, 2023 in Santa Clara, California. — A Brinks armored truck sits parked in front of the shuttered Silicon Valley Bank (SVB) headquarters on March 10, 2023 in Santa Clara, California.
Justin Sullivan / Getty Images North America

Regulators shut down Silicon Valley Bank on Friday, putting it into FDIC receivership.
Early Friday, trading was halted for the stock after it plunged 87% in two days.
Wall Street strategists and executives shared their reaction to the first bank collapse since 2008.

Silicon Valley Bank's collapse has sparked panic as the financial industry sees the biggest bank failure since 2008.

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Markets, MI Exclusive, Wall Street, SVB, Silicon Valley Bank, Finances, Venture Capital, investment fund, ubs, BOFA, Bank of America, strategists, Economist, Chief executive officer

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'This is a warning to the Fed': Wall Street reacts to the collapse of Silicon V…