Egyptian billionaire Naguib Sawiris moves money to J.P. Morgan after Silicon Valley Bank’s collapse
Although Sawiris has no direct exposure to Silicon Valley Bank, his invested companies do.
Silicon Valley Bank
Koos Bekker’s Naspers closes $100-million fund days after Silicon Valley Bank’s collapse
Shares rise 1.3 percent after Naspers shuts down its $100-million venture capital fund.