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One week ago, Silicon Valley Bank was the place for “proactive guidance for the long run”. It was recognised by Forbes as the 20th best bank in the US and one of Forbes’s Financial All-Stars. Fast forward a week and everything has changed. Closed by California State and its funds now in the hands of the Federal Government, the Silicon Valley Bank story appears to have concluded.
How did one of the most respected banks in America meet with this unexpected demise? This season, Nick and Neeraj are going to dig into the details of this surprising financial disaster to understand what happened and learn more about the banking industry.
First published Datalore notebook
Thumbnail DALL·E prompt: "a goose standing behind a bank teller window"
Please join us on our website and Discord:
https://www.wildtruthchase.com
One week ago, Silicon Valley Bank was the place for “proactive guidance for the long run”. It was recognised by Forbes as the 20th best bank in the US and one of Forbes’s Financial All-Stars. Fast forward a week and everything has changed. Closed by California State and its funds now in the hands of the Federal Government, the Silicon Valley Bank story appears to have concluded.
How did one of the most respected banks in America meet with this unexpected demise? This season, Nick and Neeraj are going to dig into the details of this surprising financial disaster to understand what happened and learn more about the banking industry.
First published Datalore notebook
Thumbnail DALL·E prompt: "a goose standing behind a bank teller window"
Please join us on our website and Discord:
https://www.wildtruthchase.com