Why Silicon Valley Bank Collapsed
What Next | Daily News and Analysis
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Introduction
Silicon Valley Bank, the 16th largest bank in the US with $175 billion in deposits, is now the biggest American bank to fail since the 2008 financial crisis. This bank held the assets of name-brand tech companies like Roku, Etsy, and Roblox,. It had gone totally bust. The government was forced to take it over before the weekend.
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Transcript
