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Why failed Silicon Valley Bank was an outlier

Data: S&P Global Market Intelligence; Chart: Axios Visuals

At most banks, roughly half of all deposits are uninsured. Silicon Valley Bank was not most banks.

By the numbers: At the end of the fourth quarter, a whopping 93.9% of its domestic deposits were uninsured, per an analysis from S&P Global. Signature Bank, which also failed last week, had a similarly high 89.7% ratio of uninsured deposits.

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