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BlackRock’s Larry Fink: Markets still ‘on edge’ over Silicon Valley Bank collapse

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fnlondon.com

BlackRock chief executive Larry Fink says it is “too early to know” how widespread the damage will be from last week’s collapse of Silicon Valley Bank, but it may be “inevitable” other banks need to pull back on lending to shore up their balance sheets to avert a wider crisis.In his annual letter to company CEOs and investors, the boss of...

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