Mar 15, 2023
US Experiences Second and Third-Largest Banking Collapses In History Over The Weekend
Silicon Valley Bank collapsed on Friday, March 10th, in the second-largest bank failure in US history. Assets of the 16th largest bank in the nation, which focuses on startups and serves much of the tech industry, were seized by regulators following a run on the bank by its depositors. The depositors’ rush to withdraw cash…
