Tuesday, March 14, 2023

https://ift.tt/Fp8lGRj Valley Bank's fall shows how tech can push a financial panic into hyperdrive

A pedestrian speaks on a mobile telephone as he walks past Silicon Valley Bank

Bank runs, by their very nature, happen fast. But in an age of instant communication, social media and money transfers at the touch of a button, they can now happen in the blink of an eye.

(Image credit: Noah Berger/AFP via Getty Images)

Silicon Valley Bank's fall shows how tech can push a financial panic into hyperdrive A pedestrian speaks on a mobile telephone as he walks past Silicon Valley Bank

Bank runs, by their very nature, happen fast. But in an age of instant communication, social media and money transfers at the touch of a button, they can now happen in the blink of an eye.

(Image credit: Noah Berger/AFP via Getty Images)



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