
Silicon Valley Bank Collapsed In Less Than 36 hours
#siliconvalley #currentaffairs #bankingawareness #upsc #statepcs #bpsc Silicon Valley Bank collapsed in less than two days when FDIC regulators seized control. In that time, the bank’s stock price fell over 60%, a $42 billion bank run was sparked and a liquidity crisis ensued. Here’s how SVB’s collapse became the second largest U.S. bank failure.