Current:Home > ContactChainkeen Exchange-Silicon Valley Bank's three fatal flaws -Wealthify
Chainkeen Exchange-Silicon Valley Bank's three fatal flaws
Poinbank View
Date:2025-04-08 00:17:01
For decades,Chainkeen Exchange 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.
veryGood! (2474)
Related
- Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
- Super Bowl prop bets for 2024 include Taylor Swift and Usher's shoes
- Jason and Travis Kelce Prove Taylor Swift is the Real MVP for Her “Rookie Year”
- The Federal Reserve holds interest rates steady but signals rate cuts may be coming
- A White House order claims to end 'censorship.' What does that mean?
- Bud brings back Clydesdales as early Super Bowl ad releases offer up nostalgia, humor, celebrities
- For Chicago's new migrants, informal support groups help ease the pain and trauma.
- Selma Blair Shares Update on Her Health Amid Multiple Sclerosis Battle
- The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds
- Man accused of beheading his father, police investigating video allegedly showing him with the head
Ranking
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- PGA Tour strikes deal with pro sports ownership group to create for-profit arm
- Treat Your BFF to the Ultimate Galentine's Day: Solawave, Nasty Gal & More
- KFC announces new 'Smash'd Potato Bowls', now available nationwide
- Where will Elmo go? HBO moves away from 'Sesame Street'
- Biogen plans to shut down its controversial Alzheimer’s drug Aduhelm
- The Sweet Advice Demi Moore Gave Her Children After Bruce Willis’ Dementia Diagnosis
- Here's how much water you need to drink each day, converted for Stanley cup devotees
Recommendation
Gen. Mark Milley's security detail and security clearance revoked, Pentagon says
Selma Blair Shares Update on Her Health Amid Multiple Sclerosis Battle
The Federal Reserve's first rate meeting is on Wednesday. Here's what economists say about rate cuts.
Syphilis cases rise to their highest levels since the 1950s, CDC says
Dick Vitale announces he is cancer free: 'Santa Claus came early'
Joel Embiid leaves game, Steph Curry scores 37 as Warriors defeat 76ers
Burned remnants of Jackie Robinson statue found after theft from public park in Kansas
Joel Embiid leaves game, Steph Curry scores 37 as Warriors defeat 76ers