Tag: Bank

  • Silicon Valley Bank failure having worldwide repercussions.

    Silicon Valley Bank failure having worldwide repercussions.

    It was called Silicon Valley Bank, but its collapse is causing shockwaves around the world. From winemakers in California to startups across the Atlantic Ocean, companies are scrambling to figure out how to manage their finances after their bank suddenly shut down Friday. The meltdown means distress not only for businesses but also for all their workers…