Update: Silicon Valley Bank collapses after failing to raise capital | CNN Business
Silicon Valley Bank’s Financial Stability Worries Investors
The bank, a linchpin of tech industry financing, is trying to persuade clients not to pull their money over concerns of a liquidity crisis.
A Bank Run Jolts Markets as Investors Await the Jobs Report
Concerns about a California bank come at a time when investors have been flipping between worrying about the economy and seeing an end to the recent market turmoil.