12/7/2023 A central bank like the federal reserve in the united states can help banks survive a bank run byRead Now"Its deposit base tripled between 20, with billions and billions of dollars flowing in."Ī lot of those billions had come from all of the risks the bank took, lending money to start-ups and companies that couldn't get loans at other banks. "Silicon Valley Bank was just flush," he says. Many of its tech company customers were raking in money during the early pandemic. Williams says the problem at Silicon Valley Bank really started with its wild success. until it wasn't," says Mark Williams, professor of finance at Boston University and a former bank examiner for the Federal Reserve. "Silicon Valley Bank was a very good bank. That's what happened to Silicon Valley Bank. Try to avoid one set of risks, you can just end up exposing yourself to another. But the bank had money stashed into what's supposed to be the safest asset around. The banking sector has been hammered by the failure of Silicon Valley Bank.
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