On Friday, US regulators closed down Silicon Valley Bank (SVB) and

assumed control of its deposits

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This represents the largest retail banking

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collapse since the global financial crisis.

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The action was taken after a tumultuous 48 hours, during

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The action was taken after a tumultuous 48 hours, during

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which the share price of the high-tech lender drastically

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fell due to a run on deposits by anxious customers.

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During the global financial crisis, several corporate and investment banks failed, with the most notable

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being the dramatic bankruptcy of Lehman Brothers on September 15, 2008

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