Authors:

  • Victoria Ivashina
  • Erik Stafford

Excerpt

March 14, 2023, Opinion: "The bank run that led to the stunning collapse of Silicon Valley Bank late last week continues to send shivers through the American financial system. SVB, the Santa Clara, California-based bank that catered to the tech industry, was the biggest US lender to fail since the 2008 global financial crisis—and was the second-biggest to fail ever."