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The collapse of Silicon Valley Bank (SVB) marks the largest failure of a U.S. financial institution since the height of the global financial crisis 15 years ago. Thousands of technology companies are facing financial uncertainty after the failure of America's 16th largest bank. Several scandals and bankruptcies happened in the U.S. financial and cryptocurrency sectors not long ago. Now with SVB, does it show or would it lead to a lack of confidence? How regulators and industry are responding to U.S. bank failures?
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Copyright © 2023 CGTN. 京ICP备16065310号
Disinformation report hotline: 010-85061466