Is this a sign of a larger economic crisis? In less than a week, Silicon Valley Bank and Signature Bank folded, sending shockwaves through international markets. Joining the discussion:Ray Wang is the Founder, Chairman and Principal Analyst of Silicon Valley based Constellation Research Incorporated. The Justice Department and the Securities and Exchange Commission have launched investigations into the collapse of Silicon Valley Bank, a person familiar with the matter told The Associated Press. https://t.co/kaCW4Gn9Ow — The Associated Press (@AP) March 15, 2023U.S. regulators said Silicon Valley Bank customers would get access to funds starting Monday.

Source: New York Times March 17, 2023 02:04 UTC