Silicon Valley Bank fails in largest bank collapse since 2008 crisis

US regulators seize SVB’s assets after a run on the bank, as global institutions monitor situation closely

Why did Silicon Valley Bank fail?

US regulators rushed to seize the assets of top tech lender Silicon Valley Bank on Friday after a run on the bank, marking the largest failure of such an institution since the height of the financial crisis more than a decade ago.

Silicon Valley Bank (SVB), the nation’s 16th largest bank, failed after depositors – mostly technology workers and venture capital-backed companies – hurried to withdraw their money this week as anxiety over the bank’s situation spread.

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@Jepsong_Gar

RT @ewarren: Americans are sick and tired of fat cat bankers paying themselves handsomely while risking other people's hard-earned money. I…

Posted on: 2023-03-30 14:32

@TracyBaimWCMG

RT @RepRashida: It’s infuriating that the Silicon Valley Bank CEO, not only personally lobbied for weaker banking regulations, but sold $3.…

Posted on: 2023-03-30 14:31

@SoloDineroUS

El problema ahora viene para los clientes de Silicon Valley Bank que tenían más de $250,000 dólares en sus cuentas… https://t.co/3br9JGWbnZ

Posted on: 2023-03-30 14:31

@DonPablo_PGM

RT @FluentInFinance: Retail investors were able to spot issues with Silicon Valley Bank before regulators intervened (due to the efforts of…

Posted on: 2023-03-30 14:31

@ZAQSBusiness

Jamie Dimon Reprises 2008 Role as Bank Crisis Savior https://t.co/1niNaVqbeu

Posted on: 2023-03-30 14:31

@MorricalINS

This- “The biggest illusion is that there is a monetary and fiscal free lunch. Prominent economists and policy mak… https://t.co/TsWLuaoPdJ

Posted on: 2023-03-30 14:31

@Miykael10

RT @GavinClimie: Silicon Valley Bank ($SIVB) went from $288.11 to $0.40 in the last month. They called stocks like $GME $AMC & BBBY meme…

Posted on: 2023-03-30 14:30

@Bullfighterr

RT @ridvanbasturk: Tüm majör borsalar 10 Mart (Silicon Valley Bank olayı) çıkmadan önceki seviyelerine döndüler... Yani banka krizi, dünya…

Posted on: 2023-03-30 14:30

@CoruzantPod

What's Next After the Silicon Valley Bank Demise? https://t.co/6ZG7wwpXmz #SVB #SiliconValleyBank #SiliconValley… https://t.co/ihUMcSK0Jp

Posted on: 2023-03-30 14:30

@SAADMANASIYA6

RT @TheWireUrdu: کیا دنیا بھر میں بینکوں کے ڈوبنے کا خطرہ منڈلا رہا ہے؟ https://t.co/AaOTtNqlJq

Posted on: 2023-03-30 14:30

@wickedirishmn

RT @mattdpearce: Twitter herded a lot of the world’s smartest and most interesting people into one place for a while. But that moment is…

Posted on: 2023-03-30 14:30

@francissanta561

Senate Democrats press federal bank regulators to implement stronger capital requirements https://t.co/Mn4SsZBunR

Posted on: 2023-03-30 14:30

@ThinkTankLink

New @ceprdc: The Silicon Valley Bank Bailout: The Purpose of Government Is to Make the Rich Richer #63,486… https://t.co/cg51yOFs1R

Posted on: 2023-03-30 14:29

@painterjim4u

Silicon Valley Bank: 97% of Deposited Money was by Very Wealthy individuals All who were major donors to the Democratic Party.

Posted on: 2023-03-30 14:29

@GlobalCaribbean

RT @GlobalCaribbean: - National Bank Financial Services Conference, Montréal, Quebec By Toni Gravelle The recent global banking stresses…

Posted on: 2023-03-30 14:29

@CAhokie7

RT @ewarren: Americans are sick and tired of fat cat bankers paying themselves handsomely while risking other people's hard-earned money. I…

Posted on: 2023-03-30 14:28

@Sliksmiley

RT @mattdpearce: Twitter herded a lot of the world’s smartest and most interesting people into one place for a while. But that moment is…

Posted on: 2023-03-30 14:28

@TMFOtter

Wait a minute -- Silicon Valley Bank's collapse was precipitated by quotational declines in the value of its Treasu… https://t.co/gU6u3fHYaj

Posted on: 2023-03-30 14:28

@PublicBankNYC

These bills lay groundwork for a municipal public bank that will put NYC's public dollars to work for the public go… https://t.co/QYvjrRuL3d

Posted on: 2023-03-30 14:27

@singinggum

RT @ewarren: Americans are sick and tired of fat cat bankers paying themselves handsomely while risking other people's hard-earned money. I…

Posted on: 2023-03-30 14:27

@husseywiles

RT @ewarren: Americans are sick and tired of fat cat bankers paying themselves handsomely while risking other people's hard-earned money. I…

Posted on: 2023-03-30 14:27

@GuitarGuitjoGuy

RT @ewarren: Americans are sick and tired of fat cat bankers paying themselves handsomely while risking other people's hard-earned money. I…

Posted on: 2023-03-30 14:27

@RozelleLiz

RT @ewarren: Americans are sick and tired of fat cat bankers paying themselves handsomely while risking other people's hard-earned money. I…

Posted on: 2023-03-30 14:27

@smedlybemish

RT @RepRashida: It’s infuriating that the Silicon Valley Bank CEO, not only personally lobbied for weaker banking regulations, but sold $3.…

Posted on: 2023-03-30 14:27

@noh8rdi

RT @ewarren: Americans are sick and tired of fat cat bankers paying themselves handsomely while risking other people's hard-earned money. I…

Posted on: 2023-03-30 14:27

@midnightlament6

RT @SenWarren: The President called on Congress to pass a law to hold failed bank CEOs accountable and give financial cops on the beat more…

Posted on: 2023-03-30 14:27

@NonStopRambling

RT @ewarren: Americans are sick and tired of fat cat bankers paying themselves handsomely while risking other people's hard-earned money. I…

Posted on: 2023-03-30 14:27

@LuisHdoMR

RT @AUDIOmercados: La presidenta de la Fed de San Francisco, Mary Daly, ahora es objeto de críticas sobre como de efectivos fueron los supe…

Posted on: 2023-03-30 14:26