Silicon Valley Bank was established in 1983 and over the course of four decades, it successfully competed with big financial institutions. It was known for its clientele of venture capital firms, startups, and wealthy tech workers.

Silicon Valley Bank, located in the tech hub of Silicon Valley, California, faced financial difficulties due to a concentration of money from tech startups. As inflation rates rose and companies struggled to secure additional financing, many attempted to withdraw their deposits, leading to a run on the bank.

The Silicon Valley Bank collapse of 2008 had echoes in the recent events involving SVB Financial Group. However, the current situation differs from the 2008 collapse.

HSBC acquires Silicon Valley Bank UK in a last-minute deal, ensuring the safety of all depositors' money.

First Republic Bank is reportedly contemplating a sale to prevent a potential crisis, following the SVB failure. Moody's is currently assessing the bank for a possible downgrade, while its stock has dropped by more than 30 percent.

On March 16, the largest U.S. banks collaborated to rescue First Republic Bank. This joint effort was aimed at preventing the collapse of the bank and maintaining stability in the financial sector.

Silicon Valley Bank faced a sudden bank run and capital crisis, leading to its collapse and takeover by federal regulators. It was the largest US bank failure since Washington Mutual in 2008.

The Silicon Valley Bank's stock plummeted, leading to fears of a repeat of the 2007-2008 financial crisis. Trading was halted, and the bank was shut down by California regulators and placed in receivership under the FDIC.

On March 8, two days before the collapse, Silicon Valley Bank (SVB) sold a $21 billion bond portfolio at a $1.8 billion loss. The bank attempted to compensate for customer withdrawals by selling $2.25 billion of common equity and depository shares, but failed to complete the offering before closure.

By the end of March 9, following the failed equity offering, Silicon Valley Bank's stock plummeted by 60 percent, resulting in a staggering loss of over $80 billion in bank shares. This led to a panic among depositors who rushed to withdraw their funds.

In March 2023, Silicon Valley Bank faced a collapse after failing to address deficiencies in risk management highlighted by the Federal Reserve. The bank's inability to raise cash and exposure to losses led to a series of downgrades by Moody's, massive withdrawals by customers, and ultimately being placed under receivership by the FDIC.

Venture capitalists are publicly showing their support or alignment post SVB's collapse, indicating a shift in allegiances within the industry.

Treasury Secretary Janet Yellen stated that the U.S. government would not provide a bailout for Silicon Valley Bank but expressed concern for depositors affected by the bank's collapse.

On Monday, March 13, 2023, the FDIC reopened Silicon Valley Bank as a newly organized bridge bank named Silicon Valley Bridge Bank, N.A. The reopening aimed to facilitate the auctioning off of the bank's assets to make uninsured depositors whole without the use of taxpayer money.

Silicon Valley Bank's new CEO reassures clients that operations are running normally after the FDIC transferred deposits and assets to a new 'bridge bank' following the collapse.

Silicon Valley Bank, a tech industry icon, collapsed in a matter of days after successfully competing with big financial institutions for four decades.

Regulators were questioned by the Senate regarding the federal government's handling of the Silicon Valley Bank (SVB) failure.

The Federal Reserve Board of Governors released a postmortem investigation into the supervision and regulation of Silicon Valley Bank, focusing on lax oversight during the tenure of the previous Vice Chair for Supervision, Randal Quarles.