Who fills SVB gap; Wells Fargo tightens credit access: The National Observer April 17, 2023


Good morning, readers.

As the dust settled last month on the failure of Silicon Valley Bank and depositors were able to rest easy knowing their funds weren't evaporating, the startup sector was left with a big question: Who fills the gap in venture lending? About a month later, the question still doesn't have a good answer.

Meanwhile, you can look to Wells Fargo for an example of tightening credit access in the commercial real estate sector. CEO Charlie Scharf told investors that the company is…

Previous New Florida affordable housing funding bill to spur massive redevelopment
Next From obesity to cow burps, UC effort targets big problems by going small