The year 2023 has been marked as a tough year for the global economy, and the collapse of Silicon Valley Bank is predicted to have a significant impact. While the exact consequences of this collapse are uncertain, it is essential to prepare for a potential economic downturn. In this article, …
Read More »Tag Archives: Silicon Valley Bank crash
Silicon Valley Bank’s collapse raised concerns about bank’s risk management practices
Disclaimer: the writer of this post is not a financial advisor. Please seek professional financial advice. Silicon Valley Bank, the largest bank to collapse since the 2008 financial crisis, operated without a chief risk officer for nine months between April 2022 and January 2023. The bank disclosed a $1.8 billion …
Read More »