Key lessons in failure of America’s SVB 

Silicon Valley Bank (SVB), the largest commercial bank in Silicon Valley in America was put under regulatory administration last Friday after failing to raise new money to cover its funding shortfalls that were occasioned by realised impairments on its bond portfolio holdings. 

SVB was a niche regional bank largely serving the tech community in California’s Silicon Valley and its failure probably presented the largest banking failure since the 2008 global financial crisis.