For subscribers
Fall of Silicon Valley Bank: The broader implications and why they matter to S’pore
Sign up now: Get ST's newsletters delivered to your inbox
The start of the end for SVB, which bankrolled start-ups, can be traced to US Fed interest rates hikes.
PHOTO: REUTERS
Follow topic:
SINGAPORE - Financial markets globally have been roiled by the collapse of California-headquartered Silicon Valley Bank (SVB)
California-based Silvergate Bank, a crypto bank, announced earlier last week that it planned to wind down and voluntarily liquidate its operations.
