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Q&A: Recent Bank Failures Do Not Mean It’s 2008 All Over Again

UVA Darden

Most of SVB’s deposits were from Silicon Valley startup companies and their venture capital backers, who parked money at the bank that the companies used for day-to-day operations, including paying employees. Bruner comments on life, business and current events in his blog. This article originally appeared on UVA Today.

Banking 52
article thumbnail

Q&A: Recent Bank Failures Do Not Mean It’s 2008 All Over Again

UVA Darden

Most of SVB’s deposits were from Silicon Valley startup companies and their venture capital backers, who parked money at the bank that the companies used for day-to-day operations, including paying employees. Bruner comments on life, business and current events in his blog. This article originally appeared on UVA Today.

Banking 59