1 Valuable Lesson The SVB Collapse Taught Growth Investors
The banking industry, government regulators, and investors alike are still processing the March 10 collapse of SVB Financial, the parent company of Silicon Valley Bank (SVB). It was the second-largest bank failure in U.S. history, with $175 billion in customer deposits on the line. But this crisis had one unique (and worrying) feature: Just 6% of those deposits fell within the…