Article 69P5T Why did Silicon Valley Bank fail?

Why did Silicon Valley Bank fail?

by
Reuters
from Economics | The Guardian on (#69P5T)

Shutdown and takeover of bank by regulators can be traced to the Fed raising interest rates and risk-averse investors

The shutdown and takeover of Silicon Valley Bank by regulators on Friday can be traced to the US Federal Reserve raising interest rates and souring the risk appetite of investors.

Here is the sequence of events that led to the failure:

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