Silicon Valley Bank Of California Has Collapsed In The US Economy. Read more here.✓>>👇

Silicon Valley Bank has collapsed. Silicon Valley Bank (SVB) is a commercial bank headquartered in California that primarily serves the technology and life science industries. It was founded in 1983 and has since grown to become one of the largest banks in the United States. SVB is known for its expertise in providing financial services to startup companies and has played a significant role in the growth of the technology industry in Silicon Valley.

However, it's important to note that the financial industry can be unpredictable, and any bank or financial institution can face challenges that may threaten its stability. As a result, it's important for banks to adhere to sound financial practices and regulations to ensure their ongoing viability.