- April 22, 2023
- Posted by: Dan Gordon
- Category: Accounting Advice
On March 10, Silicon Valley Bank (SVB), a lender to many technology companies, became the second-largest bank failure in U.S. history.
On March 11, my email inbox blew up, as did my voicemail. Clients were asking whether their funds were safe in their banks, and what they could do to mitigate any potential risk if their banks went under.