Financial Meltdown: SVB Now The 2nd Biggest Bank Failure In US History

Financial Meltdown SVB Now The 2nd biggest bank failure in US history

( – Silicon Valley Bank now ranks as the second-largest bank failure in American history. Its website, which will probably remain online for the foreseeable future, shows its assets valued at $212 billion. Yet, as the adage goes, the bigger things are, the harder they fall. Surprisingly, the Federal Deposit Insurance Corporation (FDIC), which only insures […]