Since the beginning of March, investors have withdrawn $165 billion from six major US banks amid the collapse of Silicon Valley Bank (SVB) and Signature Bank.

APA reports that "Financial Times" published information about this.

With this, "Citigroup", "Morgan Staney", "Bank of America", "Goldman Sachs", "JPMorgan Chase" and "Wells Fargo" banks lost 13% of their market value.

According to the newspaper, investors fear that banks' profits will decrease due to the increase in interest rates on deposits.

It should be noted that US Treasury Secretary Janet Yellen said that the US administration believes that after the bankruptcy of a number of banks, other financial institutions may also be declared bankrupt and face massive withdrawals from their clients' accounts.