Just weeks before regulators seized control of Silicon Valley Bank due to its inability to meet withdrawal demands, the bank had proudly made Forbes's annual list of America's Best [.]
Silicon Valley Bank made it to Forbes’ annual list of America’s best banks just weeks before federal regulators stepped in to shut it down as it became the first major American bank to fail since the 2018 financial crisis.
Silicon Valley Bank made Forbes s annual list of America s Best Banks less than a month before regulators seized control because it couldn t meet withdrawal demands.
Just days ago, Silicon Valley Bank (NASDAQ:SIVB) was still viewed as a highly-respected player in the tech space, counting thousands of U.S. venture capital-backed startups as its customers.