Current:Home > reviewsSilicon Valley Bank's three fatal flaws -WorldMoney
Silicon Valley Bank's three fatal flaws
View
Date:2025-04-24 19:59:23
For decades, Silicon Valley Bank was the bank for thousands of startups and tech companies in the Bay Area. No longer. SVB's sudden failure last week has roiled the tech world. And it forced regulators to step in as concerns grew about the wider financial system. On today's episode, we look at what happened at SVB, and the three reasons that made the bank especially vulnerable to collapse.
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
Subscribe to our show on Apple Podcasts, Spotify, Pocket Casts and NPR One.
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
veryGood! (6)
Related
- Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
- Bodies of deputy and woman he arrested found after patrol car goes into river; deputy's final text to wife was water
- Horoscopes Today, February 16, 2024
- Lawsuit claims Tinder and Hinge dating apps, owned by Match, are designed to hook users
- Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
- Massive oil spill near Trinidad and Tobago blamed on barge being tugged
- 6-year-old’s sister returns from military duty to surprise him in the school lunch line
- ECU baseball player appears in game with prosthetic leg after boating accident
- Federal hiring is about to get the Trump treatment
- New Jersey district settles sex abuse lawsuit involving former teacher for $6 million
Ranking
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Hi Hi!
- Why Ukraine needs U.S. funding, and why NATO says that funding is an investment in U.S. security
- Christian-nation idea fuels US conservative causes, but historians say it misreads founders’ intent
- Daytona 500 2024: Start time, TV, live stream, lineup, key info for NASCAR season opener
- Biden administration makes final diplomatic push for stability across a turbulent Mideast
- Most Americans want legal pot. Here's why feds are taking so long to change old rules.
- 2 juveniles charged in Kansas City Chiefs parade shooting, court says
- FDA approves first cell therapy to treat aggressive forms of melanoma
Recommendation
DoorDash steps up driver ID checks after traffic safety complaints
Venezuela bribery witness gets light sentence in wake of Biden’s pardoning of Maduro ally
This website wants to help you cry. Why that's a good thing.
Michael Strahan's Daughter Isabella Shares Painful Update on Chemotherapy Amid Brain Cancer Battle
'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
This house made from rocks and recycled bottles is for sale. Zillow Gone Wild fans loved it
A man in Iran guns down 12 relatives in a shooting rampage with a Kalashnikov rifle
Daytona 500 2024: Start time, TV, live stream, lineup, key info for NASCAR season opener