Tweet by Jamie Quint @jamiequint

Silicon Valley Bank Sees Dramatic Increase in Deposits

🧵 The TL;DR

In 2021, Silicon Valley Bank (SVB) saw a dramatic increase in deposits. Due to their inability to grow their loan book quickly enough, they had to find ways to generate yield from the deposits. They extended credit lines, provided loans to startups and expedited application review processing for clients wishing to move funds.