Saturday, March 11, 2023

Why the Silicon Valley Bank failure isn't looking like a repeat of 2008

Silicon Valley Bank customer standing outside its headquarters

Here's what to know about why the Silicon Valley Bank failed, who was affected most, and what to know about how it may, and may not affect, the wider banking system in the U.S.



source https://www.cbc.ca/news/business/silicon-valley-bank-failure-explainer-1.6776182?cmp=rss

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