Skip to Main Content
The independent news website of The Kent Stater & KSTV

KentStater

The independent news website of The Kent Stater & KSTV

KentStater

The independent news website of The Kent Stater & KSTV

KentStater

Silicon Valley Bank headquarters in Santa Clara, California
(David Paul Morris/Bloomberg/Getty Images)

Silicon Valley Bank collapses after failing to raise capital

Allison Morrow, CNN March 10, 2023

CNN– Silicon Valley Bank collapsed Friday morning after a stunning 48 hours in which its capital crisis set off fears of a meltdown across the banking industry. Its failure marks the largest shutdown...