Silicon Valley Bank swiftly collapses after tech startups flee

https://bankautomationnews.com/allposts/business-banking/silicon-valley-bank-swiftly-collapses-after-tech-startups-flee/
https://bankautomationnews.com/wp-content/uploads/2023/03/396458392-scaled.jpg?#

Silicon Valley Bank became the biggest US lender to fail in more than a decade after a tumultuous week that saw an unsuccessful attempt to raise capital and a cash exodus from the tech startups that had fueled the lender’s rise. Regulators stepped in and seized it Friday in a stunning downfall for a lender […]

https://bankautomationnews.com/allposts/business-banking/silicon-valley-bank-swiftly-collapses-after-tech-startups-flee/