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bond portfolio – XtremeCuztoms

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Home / Tag: bond portfolio

Tag: bond portfolio

Goldman Sachs Bought SVB’s Bond Portfolio That Led to Massive Losses and Bank Run

March 15, 2023 admin

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The parent of the failed Silicon Valley Bank (SVB), Silicon Valley Bank Financial Group, said that the Goldman Sachs Group (GSG) was responsible for buying SVB’s bond portfolio that booked $1.8 billion loss, setting off a calamitous bank run. SVB Financial said the transaction by Goldman Sachs set in motion SVB’s collapse, causing the bank…

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Tag: bond portfolio

Goldman Sachs Bought SVB’s Bond Portfolio That Led to Massive Losses and Bank Run

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