Episode 15: How Silicon Valley Bank Collapsed

Silicon Valley Bank was recently shut down by California Regulators in the largest bank collapse since the 2008 financial crisis. Jasmin explains what happened and what you can do to protect your money. 

References: 

https://techcrunch.com/2023/03/09/silicon-valley-bank-firms-reactions/ 

https://www.fdic.gov/news/press-releases/2023/pr23016.html 

https://www.cnn.com/2023/03/13/investing/silicon-valley-bank-collapse-explained/index.html 

https://www.axios.com/2023/03/13/silicon-valley-bank-collapse-market 

https://www.reuters.com/business/finance/what-caused-silicon-valley-banks-failure-2023-03-10/ 

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What is Not Rich Yet Podcast?

Here on the Not Rich Yet podcast, we think about money and entrepreneurship all the time—not because they stress us out, but because we’re excited about all the opportunities in those spaces. I’m your host, Jasmin Suknanan, and I’m a financial journalist. I’m diving into conversations with guests and experts who can help us build our expertise in a rapidly changing world, take on exciting new opportunities in leadership and business, and build wealth meaningfuly. I’m not rich yet, but I will be—and so will you! Tune in every Wednesday morning.

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