NovaQuant-Silicon Valley Bank's three fatal flaws

2025-05-02 11:25:04source:Darkcherries Wealth Societycategory:Contact

For decades,NovaQuant 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:Contact

Recommend

SFO's new sensory room helps neurodivergent travelers fight flying jitters

San Francisco airport creates sensory room to help nervous flyers San Francisco airport creates sens

'Reclaimed: The Forgotten League' takes a look into the history of the Negro Leagues

As baseball fans gear up for this year's playoffs, and await which team is going to make it into the

House Speaker Kevin McCarthy says his priority is border security as clock ticks toward longer-term government funding bill

Washington — House Speaker Kevin McCarthy said lawmakers wanting more funding for Ukraine will have