ticker:SIVB
SIVB — Silicon Valley Bank: commercial bank serving tech and life‑science companies, startups and VCs with lending, payments and treasury services.
What's happened at the Silicon Valley Bank?
The biggest financial crisis in the US since 2008 may have just happened. At its root are miscalculations that came out of a pandemic-led surge in deposits and the Fed's fast rate spikes. Here's an explainer.