SVB Bank Collapse

Cluster focuses on the Silicon Valley Bank (SVB) failure, debating causes like risky bond investments, interest rate hikes, VC-instigated bank runs, risk management failures, and implications for depositors, startups, and the banking system.

πŸ“‰ Falling 0.0x Finance & Crypto
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Keywords

APY SVB NY US bloomberg.com YC twitter.com S13 SF ycombinator.com svb bank depositors banks rates bonds fed risk deposits cash

Sample Comments

ddorian43 β€’ Aug 16, 2024 β€’ View on HN

What connection does SVB bank has in this??

yasp β€’ Mar 11, 2023 β€’ View on HN

Given the economic factors + SVB's deposit base, what should they have done differently?

endisneigh β€’ Mar 13, 2023 β€’ View on HN

Aren't VCs the ones who told people to pull money out of SVB, there by causing this?

herpderperator β€’ Mar 27, 2023 β€’ View on HN

Take a look at what happened to SVB when they did that.

computing β€’ Mar 11, 2023 β€’ View on HN

Is the SVB situation a death knell for banks?

Zetice β€’ Mar 12, 2023 β€’ View on HN

Can you explain to me what the "risky investments" were here that SVB partook in?

tarr11 β€’ Mar 10, 2023 β€’ View on HN

Does this mean that SVB customers are going to lose deposits over the FDIC limit (250k?)

evbogue β€’ Sep 21, 2023 β€’ View on HN

What does this have to do with SVB?

kasey_junk β€’ Mar 13, 2023 β€’ View on HN

That’s not what they did with svb.https://www.bloomberg.com/news/articles/2023-03-12/fdic-auct...

bloppe β€’ Jun 17, 2024 β€’ View on HN

Actually, we didn't. It failed and collapsed. What makes you think it was bailed out?To add detail: SVB was a subsidiary of SVB Financial Group, a holding company that owned the bank as well as some other things. SVB still exists, but is no longer a subsidiary of that holding company. It was completely taken over by the FDIC so they could make depositors whole. The former owners lost their biggest business, had to liquidate the rest of their businesses, and filed for bankruptcy a week la