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The Multiple Factors Leading to the Collapse of Silicon Valley Bank

Erwood Group

While the Bank itself bears the bulk of the responsibility for its own demise, in this article we are going to look at the multiple factors leading to the collapse of Silicon Valley Bank. Formed in 1983, Silicon Valley Bank (SVB) was founded to provide financial services to startups, venture capitalists, and technology companies.

Banking 59
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How to Mitigate the Effects of Floods on Your Supply Chain

everbridge

In 2011, when extreme flooding crippled factories in Thailand, the country’s central bank estimated that the supply-chain disruptions lowered Thailand’s GDP growth rate by 76 percent, dropping it from the forecasted 4.1 percent as a result of the floods, according to estimates by the United Nations Office for Disaster Risk Reduction.