Categories
Audio Posts and Shared Links Audio Sources - Full Text Articles

Why Silicon Valley Bank collapsed, and why it matters

Listen to this article

6410e6a19aa2e6001956ee4c?format=jpeg

  • Silicon Valley Bank’s collapse on Friday was the second-largest bank failure in US history.
  • Its failure led to the collapse of Signature Bank.
  • The FDIC insures customers’ funds in case something like this happens.

Silicon Valley Bank collapsed on Friday, resulting in the second-largest bank failure in US history. 

Read the original article on Business Insider
WP Radio
WP Radio
OFFLINE LIVE