March 15, 2023
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7:11Now PlayingSilicon Valley Bank collapsed in less than two days when FDIC regulators seized control. In that time, the bank’s stock price fell over 60%, a $42 billion bank run was sparked and a liquidity crisis ensued.
Here’s how SVB’s collapse became the second largest U.S. bank failure ever, and what it means for customers in the future.
What Went Wrong explores the challenging conditions and decisions that led to a company's downturn.
#SVB #Finance #WSJ
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