The trigger for further de-risking was the official news that Silicon Valley Bank became the biggest US financial failure in more than a decade, after its long-established customer base of tech startups grew worried and yanked deposits. It’s also the second regional lender to fold this week after Silvergate Capital Corp. announced it was voluntarily liquidating its bank.
SVB Financial Group (SIVB), which is partnered with nearly half of all venture-backed tech and health care companies in the United States, was forced to raise capital after it sold part of its portfolio of US Treasuries at a loss to cover a rapid decline in customer deposits.
Silicon Valley sendet seit längerem Krisensignale. Offenbar schlägt ein Umsatzrückgang schon auf den Bankensektor durch. Wir können sagen, wir hatten das auf unsrer Bingo-Karte für 2023. Das und noch mehr.