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Finance expert explains what the Silicon Valley Bank collapse means for the banking sector

March 17, 2023 sarah JonasExpert Pitch

The rapid collapse of Silicon Valley Bank, the second-largest bank failure in U.S. history, has caused ongoing worries about the stability of the nation’s banking system even as federal authorities step in to manage the crisis. Further anxieties arose with the federal takeover of cryptocurrency-focused Signature Bank — the third largest bank failure in U.