Understanding How a Bank can Fail
The Cloudcast
00:00
What Happened With Silicon Valley Bank?
Silicon Valley Bank will cease to exist on March 10th 2023. Most of the attention around Silicon Valley Bank has been in the last three or four days. There are regulations in nearly every country, and specifically in the banking industry, that create some sort of legal mechanism that will enforce trust. And so about technology anytime you hear people talking about banks: If you work in tech and you're selling to banks, they have to go through a lot of compliance issues.
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