Update: Financially-troubled Silicon Valley Bank shut down; Financial temblor rumbles through tech industry - CBS San Francisco
https://www.cbsnews.com/sanfra....ncisco/news/breaking


    Update: Financially-troubled Silicon Valley Bank shut down; Financial temblor rumbles through tech industry - CBS San Francisco
www.cbsnews.com

Update: Financially-troubled Silicon Valley Bank shut down; Financial temblor rumbles through tech industry - CBS San Francisco

SVB Financial Group's announcement that it needed to sell billions of dollars of assets to make its customers whole continued to send Wall Street into panic mode.