Silicon Valley Bank: a very modern bank run

Tim Harford investigates some of the numbers in the news. On the programme:Last week, Annunziata Rees-Mogg took to X to post a claim about the proportion of sex offences in Dorset that are committed by asylum seekers, writing that “asylum seekers make up 0.8% of Dorset’s populati ...  Show more

It’s said that AI could soon be coming for the jobs of artists, lawyers, and software engineers. But it might now also be threatening a role at the height of academia – are pure mathematicians safe? Last month, a Stanford mathematician woke up to an email, claiming to have the so ...  Show more

In March 2023 Silicon Valley Bank collapsed. It was the second largest banking failure in US history. The regulator, the FDIC, fired the management team and brought in a new person to run the institution while a buyer was found.As the former CEO of Fannie Mae, Tim Mayopoulus has ...  Show more

This is a transformative time for banking. The last decade has seen an incredibly fast-paced increase in the use of technology and also a rapid decrease in the use of cash. High Street banks, where most of us have our money, have adapted. From branch closures to online accounts, ...  Show more

Silicon Valley bank collapsed at record speed. And the world is still trying to figure out what went wrong? How did a bank with a strong history, a strong brand, and a fairly conservative investment portfolio go belly up so fast? On this episode of the podcast, we speak with Dan ...  Show more

When Silicon Valley Bank collapsed, $43 billion left its doors in one afternoon, or $1 million every second. How has the banking landscape changed since then? Motley Fool Senior Analyst Bill Mann caught up with Chip Mahan, CEO of Live Oak Bank. They discuss: - The breakdown of ...  Show more