Silicon Valley Bank: why did it collapse and is this the start of a banking crisis?

Silicon Valley Bank: why did it collapse and is this the start of a banking crisis?

a year ago
Anonymous $Gb26S9Emwz

https://www.theguardian.com/business/2023/mar/13/silicon-valley-bank-why-did-it-collapse-and-is-this-the-start-of-a-banking-crisis

Until last Friday Silicon Valley Bank was the 16th largest bank in the US, worth more than $200bn

Four decades ago, Silicon Valley Bank (SVB) was born in the heart of a region known for its technological prowess and savvy decision making.

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