Silicon Valley Bank has been described as a major lender to Big Tech firms based both in the United States and in Israel.

by Frankie Stockes

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Israeli bankers and tech firms pulled a whopping $1 billion from the failed Silicon Valley Bank in the days immediately leading up to its collapse, marking America’s biggest financial meltdown since 2008 and the second-biggest bank collapse in American history.

The Silicon Valley Bank, an openly left-wing financial operation that promoted “woke capital” ESG programs and worked closely with politicians and tech oligarchs alike, is not only linked to powerful Americans, but to powerful Israelis as well. According to the Times of Israel, in the days immediately preceding the bank’s collapse, Israeli bankers, working on behalf of themselves and the nation’s own tech oligarchs, pulled a whopping $1 billion out of SVB.

The Times of Israel reported that Bank Leumi and Bank Hapoalim, the two biggest banks in Israel, set up a “situation room” and worked “around the clock” to help Israeli firms pull their money out of SVB “before it was seized” by American authorities.

“Israel’s two largest banks, Bank Leumi and Bank Hapoalim, set up a situation room that has been operating around the clock to help firms transfer their money from SVB — before it was seized — to accounts in Israel. Over the past few days, teams at LeumiTech, the high-tech banking arm of Bank Leumi, have been able to help their Israeli clients transfer about $1 billion to Israel, the bank said.”