{"id":9271,"date":"2023-03-13T07:42:16","date_gmt":"2023-03-13T06:42:16","guid":{"rendered":"https:\/\/costops.com\/index.php\/2023\/03\/13\/silicon-valley-bank-why-did-it-collapse-and-is-this-the-start-of-a-banking-crisis\/"},"modified":"2023-03-13T07:42:16","modified_gmt":"2023-03-13T06:42:16","slug":"silicon-valley-bank-why-did-it-collapse-and-is-this-the-start-of-a-banking-crisis","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2023\/03\/13\/silicon-valley-bank-why-did-it-collapse-and-is-this-the-start-of-a-banking-crisis\/","title":{"rendered":"Silicon Valley Bank: why did it collapse and is this the start of a banking crisis?"},"content":{"rendered":"<p>Until last Friday Silicon Valley Bank was the 16th largest bank in the US, worth more than $200bn<\/p>\n<p>Four decades ago, Silicon Valley Bank (SVB) was born in the heart of a region known for its technological prowess and savvy decision making.<\/p>\n<p>The California-headquartered organisation grew to become the 16th largest bank in the US, catering for the financial needs of technology companies around the world, before a series of ill-fated investment decisions led to its collapse.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/business\/2023\/mar\/13\/silicon-valley-bank-why-did-it-collapse-and-is-this-the-start-of-a-banking-crisis\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/dc9f9bdb32c440f7257d0e777356ef6a993b3ee3\/0_160_3000_1800\/master\/3000.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=beecaff41b2242c0f82664e2628ba34c\" title=\"Silicon Valley Bank: why did it collapse and is this the start of a banking crisis?\" \/>Until last Friday Silicon Valley Bank was the 16th largest bank in the US, worth more than $200bn<br \/>\nFour decades ago, Silicon Valley Bank (SVB) was born in the heart of a region known for its technological prowess and savvy decision making.<br \/>\nThe California-headquartered organisation grew to become the 16th largest bank in the US, catering for the financial needs of technology companies around the world, before a series of ill-fated investment decisions led to its collapse. Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Until last Friday Silicon Valley Bank was the 16th largest bank in the US, worth more than $200bn Four decades ago, Silicon Valley Bank (SVB) was born in the heart of a region known for its technological prowess and savvy decision making. The California-headquartered organisation grew to become the 16th largest bank in the US, &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2023\/03\/13\/silicon-valley-bank-why-did-it-collapse-and-is-this-the-start-of-a-banking-crisis\/\"> <span class=\"screen-reader-text\">Silicon Valley Bank: why did it collapse and is this the start of a banking crisis?<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":9272,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/9271"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=9271"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/9271\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/9272"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=9271"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=9271"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=9271"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}