How a Bank Fails: The Collapse of Silicon Valley Bank
How a Bank Fails: The Collapse of Silicon Valley Bank By Apostolos Kaniouras | International | May 3, 2023 Cover Illustration: Business & Work. Giorgio Trovato / Unsplash International reporter Apostolos Kaniouras explains how and why the Silicon Valley Bank went bankrupt. On March 10, 2023, Silicon Valley Bank (SVB) collapsed after a combination of poor investment decisions and the US government’s attempts to stabilize the economy. The result was the…
