Yellen says no bailout for for SVB
March 13, 2023 (Investorideas.com Newswire) Comment from Nigel Green, CEO and founder of deVere Group, one of the world's largest independent financial advisory, asset management and fintech organizations.
"Despite the regrettable loses for shareholders, and the almost inevitable market jitters, Yellen has made the sensible decision at this stage to bring stability and confidence into the critical banking sector. The fall out of not doing so could have had serious, far-reaching consequences for the US, and therefore global, economy."
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