Why did Silicon Valley Bank collapse?

Is the turmoil over?

How do banks work?

What is a bank run?

Keywords: #Banks, #Bankrun, #SiliconValleyBank #ItsaWonderfulLife #GeorgeBailey

Resources:

1. https://www.wsj.com/articles/silicon-valley-banks-meltdown-visualized-3da2263b?mod=series_bankmeltdown

2. https://www.economist.com/leaders/2023/03/13/what-really-went-wrong-at-silicon-valley-bank

3. https://www.wsj.com/articles/rollback-of-crisis-era-banking-rules-clears-senate-1521067499

4. https://www.wsj.com/articles/how-congress-rolled-back-banking-rules-in-a-rare-bipartisan-deal-1527030512

5. https://www.reuters.com/breakingviews/feds-self-scrutiny-starts-off-wrong-foot-2023-03-22/  

6. https://www.bloomberg.com/news/articles/2023-03-11/thiel-s-founders-fund-withdrew-millions-from-silicon-valley-bank?sref=F7vQjz31

7. Silicon Valley Bank’s annual reports

8. https://www.ft.com/content/aeb9ef58-6fc1-45af-88b2-b46a2a532b3f

Music: Parade by Nctrnm