Friday, 24 March, 2023

Silicon Valley Bank Shares Plummet as Financial Crisis Looms Over the Bank

<p>Shares of Silicon Valley Bank tumble as a financial crisis hits the bank due to its exposure to troubled companies in the technology and venture capital sectors. The bank has been facing increased losses as a result of the pandemic and a slowdown in the tech sector. The bank&#39;s shares have fallen more than 30% over the past two days. The bank has not released a statement on the matter.&nbsp;The crisis could have ripple effects on the tech industry and the venture capital ecosystem.</p>