Silicon Valley Bank failed on March 10. The U.S. government announced all of the bank’s depositors would be made whole, and no taxpayers would have to pay the bill. Skip Navigation.

At the end of December, Silicon Valley Bank held around $209 billion in total assets. Why did SVB collapse? On March 8, SVB disclosed that it sold $21 billion in assets and needed to raise money.

The Treasury Department authorized a "systemic risk exception" Sunday night, allowing regulators to cover all uninsured deposits at Signature Bank of New York, which was closed on Sunday, and Silicon ...

Silicon Valley Bank failed on March 10. The U.S. government announced all of the bank’s depositors would be made whole, and no taxpayers would have to pay the bill. Skip Navigation.