Silicon Valley Bank crash, FDIC to regulate

Silicon Valley Bank’s (SVB) failure leads to a shutdown by US regulators in what is deemed the largest banking failure since 2008.  The move came as the SVB, the 16th largest in the US, was reportedly ‘scrambling’ to raise funds to overcome a loss from the sale of assets, in turn, affected by higher interest … Continue reading Silicon Valley Bank crash, FDIC to regulate