As experts continue to weigh in on the fallout of SVB Finance Group (NASDAQ: SIVB)-owned Silicon Valley Bank’s collapse, one more voice from the Street joined the chorus.
What Happened: Anthony Scaramucci, the founder of Skybridge Capital, took to Twitter to raise the ominous prospect facing the regional banks following the SVB collapse.
“Who will leave deposits in a regional bank after this?” he asked. He also empathized with the small businesses, which have lost their capital access to create jobs.
Who will leave deposits in a regional bank after this? Think of all the small businesses that will lose their capital access to create jobs. C’mon guys as a society we are better than this.
— Anthony Scaramucci (@Scaramucci) March 12, 2023
