Financial TimesFinancial Times

SVB shows that there are few libertarians in a financial foxhole

By John Thornhill

13 Mar 2023 · 3 min read

The writer is founder of Sifted, an FT-backed site about European start-ups

As the 16th largest bank in the US, Silicon Valley Bank was not big enough to rank as a systemically important financial institution. But, if many of its distressed depositors are to be believed, the collapsed bank still counted as a technologically important one.

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