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Wealthy Investors, Family Offices Reallocate Funds Following SVB Collapse

SVB's collapse has pushed wealthy investors and family offices to reallocate their funds. Wealthy investors and family offices are reallocating their funds out of bank cash balances and into short-term instruments, such as treasuries and money markets, as a result of the recent Silicon Valley Bank crisis and concerns over the safety of bank accounts, according to a report by CNBC.
by Jace Dela Cruz
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