U.S. Bank Failures: What Happened and What We’re Watching
Vance Albitz2023-08-18T21:15:40+00:00On March 10, regulators announced the closure of Silicon Valley Bank, an institution that specialized in providing banking and financial services to the technology and life sciences industries as well as private equity and venture capital firms. “Nearly half” of U.S. venture‑backed technology and life science companies bank with Silicon Valley Bank, according to [...]