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Dara Tarkowski Dara Tarkowski

Silicon Valley Bank: What now?

The worrying news about Silicon Valley Bank that’s emerged over the past week or so has left investors, retail banking customers, and small businesses alike in a state of confusion and fear. Many felt that this week would begin with the possibility of a substantial number of runs on banks in the United States and the United Kingdom. Swift action by the FDIC -- and other banks -- have staved off the risk of a run, at least for now. But the prospect of contagion looms, and the question that any business in the tech space are asking is -- what happened?

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