The Silicon Valley Bank COLLAPSE, EXPLAINED

The Silicon Valley Bank just collapsed. Silicon Valley Bank (SIVB) was the 18th largest bank in the U. S. They did business with 50 of all US VCbacked startups while their deposits tripled from 20192021. SVB was named one of Americas Best Banks by Forbes just 3 days before everything exploded. In a nutshell, they had a massive influx of deposits, which they had to invest. However, SVB didnt have the capacity to make loans at the same rate as the deposit inflow. SVB decided to purchase more than 80 BILLION worth of mortgagebacked securities. 97 of those had a 10+ year duration with a weighted average yield of only 1. 56. In the meantime, rates Watch the rest to find out what happened and how this will affect you and your money. This is a valuepacked presentation so stay until the end and share it with a friend WBF University Join My School Here: