From Wine Country To London, Silicon Valley Bank's Failure Shakes Worldwide
It was called Silicon Valley Bank, but its collapse is causing shockwaves around the world.
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It was called Silicon Valley Bank, but its collapse is causing shockwaves around the world.
The implosion of Silicon Valley Bank could force hundreds of tech startups to lay off workers or shut down completely. It remains unclear how much, if any, of depositors' money will be returned.
Get latest articles and stories on World at LatestLY. It was called Silicon Valley Bank, but its collapse is causing shockwaves around the world. World News | From Wine Country to London, Bank's Failure Shakes Worldwide.
California Gov. Gavin Newsom said Saturday that he's talking with the federal government to help "stabilize the situation."
Companies and people are scrambling to figure out how to manage their finances after their bank suddenly closed Friday