On March 10, Silicon Valley Bank (SVB) went bankrupt, causing concern among investors and fear of a new financial crisis. FDIC took control of the bank, citing insolvency and lack of liquidity, in order to safeguard deposits insured by the government. SVB is the biggest bank failure since the 2008 crisis, with assets valued at $209 billion and deposits worth $175.4 billion as of the end of 2022. 89% of these deposits were uninsured, and their fate is yet to be determined. The bankruptcy of SVB also caused a ripple effect, with companies such as Roblox and Roku having hundreds of millions of dollars in deposits at the bank, and many venture capital and investment funds recommending emerging companies to withdraw their capital. SVB’s objective was to increase its assets and take advantage of potential rising interest rates, but it invested its excess liquidity in long-term Treasury Bonds, which were affected by rising interest rates. SVB then announced the sale of $21 billion in assets, in which it lost $1.8 billion, and proposed a capital increase of $2.25 billion to compensate for the loss. The drop in SVB’s shares also affected other financial institutions such as Signature Bank, First Republic Bank, and Western Alliance, and US banks lost over $100 billion in market value in the past two days, with European banks also losing around $50 billion. The fallout from SVB’s bankruptcy has caused concern among investors, and some fear that it could be the prelude to a new crisis.