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The online styling service firm says it anticipates that its $40 million credit line with SVB will not be available due to the bank's collapse. The digital banking solutions provider says it had deposit accounts with SVB with an aggregate balance of about $3.3 million, along with around $8.3 million in "sweep" accounts used by SVB to purchase external assets. The rocket maker says it had deposit accounts with SVB with an aggregate balance of about $38 million, or roughly 7.9% of the company's total cash and cash equivalents and marketable securities as of Dec.
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The semiconductor products maker says it has deposit accounts with SVB with an aggregate balance of about $12.3 million, which is around 3.8% of the company’s total cash and investments. The rocket maker says its cash is held on deposit with SVB, with the amount representing about 15% of the company's current cash, cash equivalents and marketable securities, as of March 10. bank accounts with SVB which amount to $55 million in deposits.
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The Canada-based tech firm says it maintained U.S. Solar financing provider said most of the company's unrestricted cash, which is $64 million out of $73.2 million, is with SVB as of March 10.
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The digital media firm said it had about $56 million in cash and cash equivalents at the end of 2022, majority of which was held at SVB. The streaming devices maker says it has about $487 million, or 26% of its cash and cash equivalents, held in deposits with SVB. The online gaming firm says about 5% of its $3 billion cash and securities balance, or about $150 million, as of Feb. The collapse also raised concerns that rising interest rates could expose vulnerabilities in the global economy as a decades-long era of cheap money ends.īelow is a list of companies across the globe that have their deposits with the bank: NORTH AMERICAĬompanies in the United States disclosed around $5 billion in deposits, besides various credit facilities, with the bank. March 14 (Reuters) - Startup-focused lender SVB Financial Group (SIVB.O) last week became the largest bank to fail since the 2008 financial crisis, sending shockwaves through the global financial system and prompting regulators to step in to contain the fallout.
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