Current:Home > StocksSilicon Valley Bank's three fatal flaws -FinanceCore
Silicon Valley Bank's three fatal flaws
View
Date:2025-04-27 08:22:13
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! (961)
Related
- Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
- Big Bang Theory actress Kate Micucci says she had surgery for lung cancer despite never smoking a cigarette
- Man acquitted of killing three in Minnesota is convicted in unrelated kidnapping, shooting
- Gospel Singer Pedro Henrique Dead at 30 After Collapsing Onstage
- Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
- Selena Gomez Reveals She's Had Botox After Clapping Back at a Critic
- Ukraine’s a step closer to joining the EU. Here’s what it means, and why it matters
- A year of war: 2023 sees worst-ever Israel-Hamas combat as Russian attacks on Ukraine grind on
- Current, future North Carolina governor’s challenge of power
- Kirk Herbstreit goes on rant against Florida State fans upset about playoff snub
Ranking
- Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
- US agency concludes chemical leak that killed 6 Georgia poultry workers was `completely preventable’
- Oprah Winfrey portrait revealed at National Portrait Gallery
- Rocket Lab plans to launch a Japanese satellite from the space company’s complex in New Zealand
- Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
- Minnesota man reaches plea deal for his role in fatal carjacking in Minneapolis
- Tesla car recalls 2023: Check the full list of vehicle models recalled this year
- Raiders RB Josh Jacobs to miss game against the Chargers because of quadriceps injury
Recommendation
Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
Americans agree that the 2024 election will be pivotal for democracy, but for different reasons
An appeals court will hear arguments over whether Meadows’ Georgia charges can move to federal court
New Mexico extends ban on oil and gas leasing around Chaco park, an area sacred to Native Americans
The Daily Money: Spending more on holiday travel?
Why more women live in major East Coast counties while men outnumber them in the West
Belgian tourist dies in an animal attack at Mexico’s Pacific coast resort of Zihuatanejo
515 injured in a Beijing rail collision as heavy snow hits the Chinese capital