Current:Home > ContactSilicon Valley Bank's three fatal flaws -WealthX
Silicon Valley Bank's three fatal flaws
View
Date:2025-04-12 22:37:22
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! (451)
Related
- SFO's new sensory room helps neurodivergent travelers fight flying jitters
- Jimmy Buffett died after a four-year fight with a rare form of skin cancer, his website says
- LGBTQ pride group excluded from southwest Iowa town’s Labor Day parade
- LGBTQ pride group excluded from southwest Iowa town’s Labor Day parade
- The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
- Stock market today: Asian shares surge after Wall St gains on signs the US jobs market is cooling
- 'Every hurricane is different': Why experts are still estimating Idalia's impact
- Mets slugger Pete Alonso reaches 40 homers to join very exclusive club
- Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
- American citizens former Gov. Bill Richardson helped free from abroad
Ranking
- Senate begins final push to expand Social Security benefits for millions of people
- Suspected burglar who allegedly stabbed an Indianapolis police dog is shot by officers
- Kristin Chenoweth Marries Josh Bryant in Texas Wedding Ceremony
- Top 5 storylines to watch in US Open's second week: Alcaraz-Djokovic final still on track
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- American citizens former Gov. Bill Richardson helped free from abroad
- Vanessa Bryant Shares Sweet Photo of Daughters at Beyoncé’s Concert With “Auntie BB”
- Divorce Is Not an Option: How Will Smith and Jada Pinkett Smith Built an Enduring Marriage
Recommendation
Don't let hackers fool you with a 'scam
American citizens former Gov. Bill Richardson helped free from abroad
Jimmy Buffett's Cause of Death Revealed
Jimmy Buffett: 10 of his best songs including 'Margaritaville' and 'Come Monday'
Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
Upward of 20,000 Ukrainian amputees face trauma on a scale unseen since WWI
Southeast Asian leaders are besieged by thorny issues as they hold an ASEAN summit without Biden
Every Time Nick Lachey and Vanessa Lachey Dropped a Candid Confession