Warren, Ocasio-Cortez send letters to SVB depositors, Bloomberg reports

On Sunday, Senator Elizabeth Warren and Representative Alexandria Ocasio-Cortez sent letters to 14 of Silicon Valley Bank’s largest depositors that raised concerns over the failed bank’s relationship with some of the venture capitalists and tech founders who made up much of its customer base, Bloomberg’s Hannah Miller reports. The letters were sent to companies including BILL Holdings (BILL) and Eiger BioPharmaceuticals (EIGR), and asked questions about the nature of their connections with SVB, including the length of their relationship and the amount of money they had deposited with the bank. Reference Link