SVB collapse: A timeline of the bank’s demise

By Brady Knox

Published March 19, 2023 10:00am ET

SVB collapse: A timeline of the bank’s demise — Complex Financial Institution Resolution Specialist Brian J. Teitel speaks with customers waiting in line outside of a Silicon Valley Bank in Palo Alto, Calif., on Monday, March 13, 2023. The federal government intervened Sunday to secure funds for depositors to withdraw from Silicon Valley Bank after the banks collapse. Several individuals waited in line before the bank opened to withdraw funds. | (AP Photo/ Benjamin Fanjoy)

Previously unknown to the majority of the nation, Silicon Valley Bank has become a household name after experiencing the greatest bank collapse since the 2008 financial crisis.

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SVB collapse: A timeline of the bank’s demise

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