Wars, politics & history

Collapse of Silicon Valley Bank

10 March 2023

2023 bank run and collapse in California. It took place on 10 March 2023. It was part of the 2023 United States bank failures. Those involved included Silicon Valley Bank, California Department of Financial Protection and Innovation and Federal Deposit Insurance Corporation. Its causes included asset–liability mismatch. It led to Deposit Insurance National Bank of Santa Clara and Silicon Valley Bridge Bank.

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