US startup bank SVB goes bankrupt, the largest bank to collapse since the banking crisis |  Economy

US startup bank SVB goes bankrupt, the largest bank to collapse since the banking crisis | Economy

Authorities in the US state of California closed Silicon Valley Bank (SVB) on Friday after it failed to raise money by issuing new shares. As a result, the bank is no longer able to meet its obligations. The federal government agency FDIC was appointed as administrator.

Lees meer over:

Economie

See also  Talks between France and Germany on a new industrial policy

Leave a Reply

Your email address will not be published. Required fields are marked *