Hey everyone. Been seeing a lot of articles about Silicon Valley Bank failing. Says it was the first big bank since 2008 to do so.
How does this happen, what does this mean, what happens next?
In: 273
The most well-known reason for bank disappointment happens when the worth of the bank’s resources tumbles to underneath the market worth of the bank’s liabilities, which are the bank’s commitments to leasers and investors. This could happen on the grounds that the bank loses a lot on its speculations.
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