Economics Uncovered

Economics Uncovered

Silicon Valley Bank: what went wrong & what lies ahead for the US economy

Steven Anastasiou's avatar
Steven Anastasiou
Mar 11, 2023
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At the end of 2022, Silicon Valley Bank (SVB) was the 16th largest bank in the US by consolidated assets.

It’s now the second largest bank to collapse in US history.

The rise and fall of SVB: a microcosm for the US economy

Tailored towards US venture-backed technology companies, SVB was at the forefront of the huge malinvestment that was generated from QE,…

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