What caused the failure of multiple U.S. banks?
The fall of Silicon Valley Bank • 1m 48s
The collapse of Silicon Valley Bank and Signature Bank among others sent shockwaves through international markets.
The shutdowns fueled concerns of a financial crisis in the U.S. Analyst William Cohan explains.
Up Next in The fall of Silicon Valley Bank
-
How SVB collapse affects Chinese star...
Chinese tech firms who do business with Silicon Valley Bank needn’t worry for now, according to an economics professor in New York – America’s financial capital where many Chinese companies are listed.
Joseph Foudy spoke to CGTN’s Jody Jacobs and says the concern is rather, whether other U.S. b...
-
Key takeaways from SVB's failure
The Bay Area finance and tech worlds are reeling from the collapse of Silicon Valley Bank, a major financial institution for venture capitalist-funded startups.
-
What's next for SVB?
Stock markets across the world continued to suffer aftershocks this Tuesday following the dramatic collapse of two U.S. banks.
U.S. authorities seemed to have stemmed some of the panic by covering customer deposits and any banks running into liquidity problems.
But there are now urgent question...
