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Why SVB and Signature Bank failed so fast

  • Written by Vidhura S. Tennekoon, Assistant Professor of Economics, Indiana University
Why SVB and Signature Bank failed so fastSignature Bank collapsed at lightning speed. AP Photo/Yuki Iwamura

Silicon Valley Bank and Signature Bank failed with enormous speed – so quickly that they could be textbook cases of classic bank runs, in which too many depositors withdraw their funds from a bank at the same time. The failures at SVB and Signature were two of the three biggest...

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