Silicon Valley Bank collapsed in less than two days when FDIC regulators seized control. In that time, the bank’s stock price fell over 60%, a $42 billion bank run was sparked and a liquidity crisis ensued.
Here’s how SVB’s collapse became the second largest U.S. bank failure ever, and what it means for customers in the future.
0:00 SVB’s collapse forced bank closures, rattled global markets and threatened startups
0:30 The events leading up to SVB’s collapse
2:50 What was the turning point that marked SVB’s downfall?
4:39 Will Silicon Valley Bank be bailed out?
What Went Wrong explores the challenging conditions and decisions that led to a company’s downturn.
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