After the failure of Silicon Valley Bank, large banks see a surge in deposits.

Silicon Valley Bank

In the aftermath of two high-profile bank collapses that have undermined confidence in the system, nervous bank clients have flocked to large banks. Those familiar with the situation told CNN that Bank of America (BAC), Wells Fargo (WFC), and Citigroup (C) have all reported a big boost in deposits since Silicon Valley Bank got into … Read more