3min chapter

Business Daily cover image

The US banking system on life support

Business Daily

CHAPTER

The Explanation: A Look Beyond the Headlines

Tim Myopoulis ran Silicon Valley Bridge Bank for about a fortnight. On March 27th it was bought by its rival first citizens bank. The failure of SBB cost $20 billion. Do you think this is now run its course or should we be still concerned about what might happen?

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