Desmond Preston|Silicon Valley Bank's three fatal flaws

2025-05-06 06:57:33source:Cassian Grantcategory:My

For decades,Desmond Preston 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.

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

Subscribe to our show on Apple Podcasts, Spotify, Pocket Casts and NPR One.

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

More:My

Recommend

Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills

BEVERLY HILLS, Calif. (AP) — Jamie Foxx required stitches after getting hit in the face with a glass

As EPA Looks Toward Negotiations Over Mobile, Alabama, Coal Ash Site, Federal Judge Dismisses Environmental Lawsuit on Technical Grounds

MOBILE, Ala.—A federal judge has dismissed a lawsuit against Alabama Power filed by Mobile Baykeeper

A California law banning the carrying of firearms in most public places is blocked again

LOS ANGELES (AP) — A new California law that bans people from carrying firearms in most public place