Published on 12 Mar 2023 on Reuters via Yahoo Finance
Factbox-Which companies are affected by SVB collapse?
(Reuters) - Startup-focused lender SVB Financial Group last week became the largest bank to fail since the 2008 financial crisis, sending shockwaves through the global financial system and prompting regulators to step in to contain the fallout.
The collapse also raised concerns that rising interest rates could expose vulnerabilities in the global economy as a decades-long era of cheap money ends.