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Silicon Valley Bank collapses in America's biggest banking failure since 2008 | Oneindia News
Video Credit: Oneindia
Published on March 12, 2023 - Duration: 02:39s
Silicon Valley Bank collapses in America's biggest banking failure since 2008 | Oneindia News
Startup-focused lender SVB Financial Group i.e.
The Silicon Valley Bank Group became the largest bank to fail since the 2008 financial crisis on Friday, in a sudden collapse that roiled global markets, leaving billions of dollars belonging to companies and investors stranded.
The Silicon Valley Bank is USA’s 16th largest bank.
#SiliconValleyBank #SVBBankCollapses #USBankingFailure
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