Search

SVB CASE: HOW THE SILICON VALLEY BANK WENT BUST IN THREE DAYS

... experienced by the US financial system last week with the situation of the 2008 crisis. On March 10, 2023, it became known about the bankruptcy of Silicon Valley Bank ("Silicon Valley Bank"), located in Santa Clara (California), which actively worked ... ... Then the Federal Deposit Insurance Corporation (FDIC) began to manage the bank. Considering that deposits of less than $250 thousand were insured, the organization announced plans to start paying customers from March 13. After the collapse of Washington ...

Sorted by relevance | Sort by date