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JPMorgan is Hiring More Bankers to Fill SVB Lending Void

TheMotleyFool

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To fill the void created by SBV's sudden demise, JP Morgan is hiring dozens of bankers, including more than a few former SVB alumni. Which only makes sense if you think of it.

SVB was possibly the biggest player in funding and servicing start-ups, especially in tech. At its peak before its implosion last March, the bank managed roughly $9 billion among 800 unicorns.

Source Fool.com

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