Why did Silicon Valley Bank fail, and what does it mean? - Printable Version
+- SG Talk (https://sgtalk.net)
+-- Forum: SG Talk (https://sgtalk.net/Forum-SG-Talk)
+--- Forum: Market Talk (https://sgtalk.net/Forum-Market-Talk)
+--- Thread: Why did Silicon Valley Bank fail, and what does it mean? (/Thread-Why-did-Silicon-Valley-Bank-fail-and-what-does-it-mean)
+- SG Talk (https://sgtalk.net)
+-- Forum: SG Talk (https://sgtalk.net/Forum-SG-Talk)
+--- Forum: Market Talk (https://sgtalk.net/Forum-Market-Talk)
+--- Thread: Why did Silicon Valley Bank fail, and what does it mean? (/Thread-Why-did-Silicon-Valley-Bank-fail-and-what-does-it-mean)
Why did Silicon Valley Bank fail, and what does it mean? - Bigiron - 14-03-2023
Why did Silicon Valley Bank fail, and what does it mean?
https://www.scmp.com/business/banking-finance/article/3213352/why-did-silicon-valley-bank-fail-and-what-does-it-mean?utm_source=rss_feed
RE: Why did Silicon Valley Bank fail, and what does it mean? - teaserteam - 14-03-2023
Mismanagement by the banks.. There are many such examples. I know of one establishment raising about SGD $1 billion through Bond issues meant for new development; then came the Recession. They lent out the money to a private leasing firm; fortunately, they were able to pull through losing some interest money.