Like Silicon Valley Bank, the company holds billions in bonds that have declined in value. But it has access to billions in cash, if needed, analysts say, and is much more diversified.
Tag: Silicon Valley Bank
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Has Bitcoin Benefited From the Banking Crisis? Not in the Way Its Fans Hoped.
Bitcoin’s price has soared since banks failed this month, but there’s little evidence that the surge is being driven by investors treating the virtual currency as a financial alternative.
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Jamie Dimon Reprises 2008 Role as Rescuer of a Failing Bank
The JPMorgan chief executive led an effort to raise $30 billion for First Republic, but no one is sure if it did any good.