"Reflections on Silicon Valley Bank's Resurgence and Impact on Start-Up Banking"
TL;DR Summary
A year after its collapse and subsequent acquisition by First Citizens Bank, Silicon Valley Bank is attempting to rebuild its reputation and customer base in the tech industry. Despite efforts to reassure customers and emphasize its continued focus on start-ups, the bank has faced significant challenges in regaining trust and deposits. The bank's former dominance in the tech industry has waned, with many customers and venture capitalists now spreading their deposits across multiple banks.
- Silicon Valley Bank is back, after collapse and acquisition The Washington Post
- SVB collapse on year later: Lessons one startup learned Yahoo Finance
- Life at Regional and Small Banks, One Year After SVB Failed The Wall Street Journal
- It's been a year since SVB's failure. Where our bank stocks stands now CNBC
- What has replaced Silicon Valley Bank as start-ups' favourite banker? Financial Times
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