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SVB collapse: Employees blame remote work, focus on social issues for bank collapse [ad_1] Igor Fayermark, right, from the Federal Deposit Insurance Corporation (FDIC), exits Silicon Valley Bank's headquarters in Santa Clara, Calif., on Monday, March 13, 2023. The federal government intervened Sunday to secure funds for depositors to withdraw from Silicon Valley Bank after the bank's collapse. Dozens of individuals waited in line outside the bank to withdraw funds. (Online News 72h Photo/Benjamin Fanjoy) Benjamin Fanjoy/Online News 72h SVB collapse: Employees blame remote work, focus on social issues for bank collapse Brady Knox ...

Silicon Valley Bank: What was it and why did it fail? [ad_1] A Brinks worker walks toward a truck after exiting Silicon Valley Bank in Santa Clara, Calif., Friday, March 10, 2023. Jeff Chiu/Online News 72h Silicon Valley Bank: What was it and why did it fail? Brady Knox March 10, 06:02 PM March 10, 06:05 PM Video Embed T he Federal Deposit Insurance Corporation announced Friday that they had closed down the California-based Silicon Valley Bank, the 16th-largest federally insured bank in the country. Its remaini...