The collapse of Silicon Valley Bank is the largest bank failure in the United States since the global financial crisis. The bank’s vulnerability was the result of having a high proportion of uninsured deposits and a large proportion of deposits invested in hold-to-maturity securities. In this piece for the Economic Observatory, CEPH Director John Turner explores in more detail why Silicon Valley Bank collapsed and explains the decision-making behind bailing out its depositors.

https://www.economicsobservatory.com/why-did-silicon-valley-bank-fail

Image credit: By Tony Webster, https://commons.wikimedia.org/w/index.php?curid=129466437