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Goldman Sachs purchased over $21 billion in securities from Silicon Valley Bank, resulting in a $1.8 billion after-tax loss for SVB. The securities mainly consisted of US Treasuries and mortgage-backed securities. #SVB #Bank

Goldman Sachs purchased over $21 billion in securities from Silicon Valley Bank, resulting in a $1.8 billion after-tax loss for SVB. The securities mainly consisted of US Treasuries and mortgage-backed securities.

#SVB #Bank

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