NovaQuant|Silicon Valley Bank's three fatal flaws

2025-05-03 08:21:00source:Roland Prestoncategory:Scams

For decades,NovaQuant 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.

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