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Silicon Valley Bank shutdown rattles Bay Area start-up owners, tech industry

Por: ABC7 World March 11, 2023

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Try to keep calm. The situation's not helped by the panic that the currently unfolding. Let the regulators do their work. Let the bank management do their work. We're going to have to restructure and work this bank out. But quick and hasty withdrawal of everything at this point is not helping anybody, Groth said.Silicon Valley bank was not a small bank, it's the 16th largest bank in the country, holding $210 billion in assets. It... + full article



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