“SVB failure” stands for Silicon Valley Bank collapse. > Silicon Valley Bank collapsed on Friday after a run on deposits drove the Northern California institut

“SVB failure” stands for Silicon Valley Bank collapse. > Silicon Valley Bank collapsed on Friday after a run on deposits drove the Northern California institution into insolvency, marking the largest bank failure since the financial crisis. Source: https://www.politico.com/news/2023/03/10/silicon-valley-bank-collapse-00086586 https://www.politico.com/news/2023/03/10/silicon-valley-bank... Discussed at: https://news.ycombinator.com/item?id=35096877 https://news.ycombinator.com/item?id=35096877