InFocus: What's behind the SVB collapse?
CGTN, 14 Mar 2023
For more:
hhttps://news.cgtn.com/news/2023-03-14/InFocus-What-s-behind-the-SVB-collapse--1iaoD5lFiiQ/index.html
The collapse of Silicon Valley Bank (SVB) marks the largest failure of a U.S. financial institution since the height of the global financial crisis 15 years ago. Thousands of technology companies are facing financial uncertainty after the failure of America's 16th largest bank. Several scandals and bankruptcies happened in the U.S. financial and cryptocurrency sectors not long ago. Now with SVB, does it show or would it lead to a lack of confidence? How regulators and industry are responding to U.S. bank failures?
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hhttps://news.cgtn.com/news/2023-03-14/InFocus-What-s-behind-the-SVB-collapse--1iaoD5lFiiQ/index.html
The collapse of Silicon Valley Bank (SVB) marks the largest failure of a U.S. financial institution since the height of the global financial crisis 15 years ago. Thousands of technology companies are facing financial uncertainty after the failure of America's 16th largest bank. Several scandals and bankruptcies happened in the U.S. financial and cryptocurrency sectors not long ago. Now with SVB, does it show or would it lead to a lack of confidence? How regulators and industry are responding to U.S. bank failures?
Subscribe to us on YouTube: https://goo.gl/lP12gA
Download our APP on Apple Store (iOS): https://itunes.apple.com/us/app/cctvnews-app/id922456579?l=zh&ls=1&mt=8
Download our APP on Google Play (Android): https://play.google.com/store/apps/details?id=com.imib.cctv
