The regional banking crisis could slow the U.S. economy even as deposits stabilize, the Fed chair said.
The probes are looking into the stock sales that SVB executives’ conducted ahead of the tech-focused bank’s collapse.
A former Silicon Valley Bank employee and some SVB clients say the firm’s inadequate technology created problems long before the run on the bank.
Tech companies that banked at SVB are wondering when they’re going to be able to pay employees and their bills after Friday’s collapse.