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Silicon Valley Bank closed

Silicon Valley Bank Collapse

How Silicon Valley Bank failed

by Sabri Ben-Achour
Mar 10, 2023
The swift and chaotic failure of SVB left CEOs and investors unable to access their money. Should we be worried about contagion?
People line up outside the shuttered Silicon Valley Bank headquarters Friday in Santa Clara, California. With venture capitalists' accounts dwindling and its bond assets losing value, SVB suffered.
Justin Sullivan/Getty Images
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Silicon Valley Bank Collapse

Silicon Valley Bank is seized by U.S. after historic failure

by Associated Press
Mar 10, 2023
The bank's failure arrived with incredible speed, with some industry analysts on Friday suggesting it was still likely a wise investment.
The Silicon Valley Bank headquarters in Santa Clara, California, on March 10.
Noah Berger/AFP via Getty Images
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