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Small Businesses Stress-Test Their Banks After Silicon Valley Bank’s Collapse
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The collapse of Silicon Valley Bank and Signature Bank has created a new worry for many small businesses: what to do with their cash.
Some owners of small and midsize businesses are moving funds to other institutions, splitting them between multiple banks, moving cash into money-market funds or buying Treasurys. Others are more closely reviewing the finances of their banks, while some entrepreneurs are even thinking about the potential risks for key partners and customers.
Read more on wsj.comAbout this in other media
Silicon Valley Bank said it was too small to need regulation. Now it’s ‘too big to fail’ theguardian.com /1 year ago
Crypto users turned to DEXs, loaded up on USDC after Silicon Valley Bank crash cointelegraph.com /1 year ago
Collapse of Silvergate and Silicon Valley Bank represent a challenge for crypto cointelegraph.com /1 year ago
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