Breaking Down the Silicon Valley Bank Crash

With more than $200 billion in assets, Silicon Valley Bank was the second largest bank failure in United States history. The entire collapse of Silicon Valley Bank essentially happened in two days, and it crashed in spectacular fashion.

So what exactly happened with Silicon Valley Bank, and should you be worried if you have your money in a regional bank? Host Lou Scatigna, CFP® has the details in this segment from The Financial Physician.