Silicon Valley Bank Uk Limited Crisis
April 17, 2023 ⚊ 1 Min read ⚊ Views 93 ⚊ BLOGIn recent weeks, the multi-billion-dollar company Silicon Valley bank abruptly collapsed. Since then, this sudden collapse has continued to reverberate across the current economy as stocks are taking a hit, hidden stresses are revealed, and a political blame game gets underway. Why did this happen? Why did a tech lender worth $ 212 billion suddenly and abruptly collapse? There isn’t one single answer; instead, there are a few different elements at play. Now that federal investigations have started, and lawsuits are being filed, no doubt more issues about the bank will emerge. Some of the major reasons why the Silicon Valley Bank failed are as follows.
Tags: Insolvency Practitioners, Leading, Silicon Valley