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https://www.wsj.com/articles/silicon-valley-bank-svb-financial-what-is-happening-299e9b65

What’s Going on With Silicon Valley Bank?

Here are some questions and answers to help explain what happened

Treasury Secretary Janet Yellen on Friday told the House Ways and Means Committee that the U.S. could experience ‘economic and financial catastrophe’ if Congress fails to raise or suspend the federal borrowing limit. Photo: Al Drago/Bloomberg
By Telis Demos

SVB Financial Group bought some of the safest assets in the world of finance. How could it possibly have failed in two days?

Here are some questions and answers to help explain what happened.

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Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.