Editorial photo #9740046 Economy, Business and Finance

Silicon Valley Bank (SVB) - The New York Stock Exchange (SYNE)

In this photo illustration NYSE (The New York Stock Exchange) logo seen displayed on a smartphone screen with Silicon Valley Bank (SVB) logo in the background in Chania, Greece on March 13, 2023. SVB Financial Group (SIVB.O) became the largest bank to fail since the 2008 financial crisis. The US Federal Deposit Insurance Corporation (FDIC) disclosed that it closed down Silicon Valley Bank (SVB) after the institution failed to raise sufficient capital to address its financial difficulties. (Photo illustration by Nikolas Kokovlis/NurPhoto)