{"id":84310,"date":"2023-03-29T00:07:56","date_gmt":"2023-03-29T04:07:56","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=84310"},"modified":"2023-03-28T23:41:48","modified_gmt":"2023-03-29T03:41:48","slug":"svb-customers-tried-to-withdraw-nearly-all-the-banks-deposits-over-two-days-feds-barr-testifies","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/03\/2023\/svb-customers-tried-to-withdraw-nearly-all-the-banks-deposits-over-two-days-feds-barr-testifies.html","title":{"rendered":"SVB customers tried to withdraw nearly all the bank\u2019s deposits over two days, Fed\u2019s Barr testifies"},"content":{"rendered":"\n<p>(CNBC) The run on <a href=\"https:\/\/www.cnbc.com\/2023\/03\/10\/silicon-valley-bank-collapse-how-it-happened.html\">Silicon Valley Bank\u2019<\/a>s deposits this month went far deeper than was initially known. Since the day regulators seized SVB, it was public <a rel=\"noreferrer noopener\" href=\"https:\/\/dfpi.ca.gov\/wp-content\/uploads\/sites\/337\/2023\/03\/DFPI-Orders-Silicon-Valley-Bank-03102023.pdf\" target=\"_blank\">knowledge<\/a> that panicked customers withdrew $42 billion from the bank on March 9 on concerns that uninsured deposits were at risk.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2023\/03\/28\/svb-customers-tried-to-pull-nearly-all-deposits-in-two-days-barr-says.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) The run on Silicon Valley Bank\u2019s deposits this month went far deeper than was initially known. Since the day regulators seized SVB, it was public knowledge that panicked customers withdrew $42 billion from the bank on March 9 on [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-84310","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/84310","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=84310"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/84310\/revisions"}],"predecessor-version":[{"id":84311,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/84310\/revisions\/84311"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=84310"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=84310"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=84310"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}