Case Study: The Collapse of Silicon Valley Bank
摘要
Silicon Valley Bank (SVB) invested heavily in debt securities during a period of low interest rates. The rise in inflation in 2021–2023 resulted in significant unrealized losses, and on March 8, 2023, SVB reported losses of USD 1.8 bn on the sale of USD 21 bn in fixed income securities. This led to a bank run, in which SVB’s customers attempted to withdraw USD 142 bn in deposits.