The Death of Silicon Valley Bank
Up next
Recommended Episodes
With federal regulators planning to take over the collapsed Silicon Valley Bank, a 40-year-old institution based in California, nearly $175 billion in customer deposits will be placed under the authorities’ control. The lender’s demise is the second-largest bank failure ...
In the past week, as spooked customers frantically withdrew $42 billion from Silicon Valley Bank, the U.S. government stepped in to craft a rescue operation for the failed lender. But efforts to contain the crisis have met resistance, and the fallout of the collapse has ...