13-03-2023 19:52 via abc.net.au

How SVB's collapse could unravel a 'spider web' of global finance

Based in California and with more than $US200 billion in assets, Silicon Valley Bank (SVB) was the 16th-largest in America, making it the biggest bank failure since the global financial crisis of 2008. The implications for financial markets and the global economy are big.
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