{"id":13121,"date":"2023-03-12T09:37:20","date_gmt":"2023-03-12T10:37:20","guid":{"rendered":"https:\/\/daric-persian.com\/?p=13121"},"modified":"2023-03-12T09:37:23","modified_gmt":"2023-03-12T10:37:23","slug":"silicon-valley-bank-collapse-fears-of-financial-crisis-after-bank-used-by-us-tech-sector-fails","status":"publish","type":"post","link":"https:\/\/daric-persian.com\/?p=13121","title":{"rendered":"Silicon Valley Bank collapse: Fears of financial crisis after bank used by US tech sector fails"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\" dir=\"ltr\">US regulators rushed to seize the assets of Silicon Valley Bank (SVB) on Friday after a run on the bank, the largest failure of a financial institution since the height of the financial crisis more than a decade ago.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\" dir=\"ltr\">Silicon Valley, the country&#8217;s 16th largest bank, failed after depositors &#8211; mostly technology workers and venture capital-backed companies &#8211; hurried to withdraw their money this week as anxiety over the bank\u2019s situation spread.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\" dir=\"ltr\">The bank could no longer cope with. the massive withdrawals of its customers and its last attempts to raise new money did not succeed.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>US regulators rushed to seize the assets of Silicon Valley Bank (SVB) on Friday after a run on the bank,<\/p>\n","protected":false},"author":5,"featured_media":13122,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-13121","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-1"],"_links":{"self":[{"href":"https:\/\/daric-persian.com\/index.php?rest_route=\/wp\/v2\/posts\/13121","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/daric-persian.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/daric-persian.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/daric-persian.com\/index.php?rest_route=\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/daric-persian.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=13121"}],"version-history":[{"count":1,"href":"https:\/\/daric-persian.com\/index.php?rest_route=\/wp\/v2\/posts\/13121\/revisions"}],"predecessor-version":[{"id":13123,"href":"https:\/\/daric-persian.com\/index.php?rest_route=\/wp\/v2\/posts\/13121\/revisions\/13123"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/daric-persian.com\/index.php?rest_route=\/wp\/v2\/media\/13122"}],"wp:attachment":[{"href":"https:\/\/daric-persian.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13121"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/daric-persian.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13121"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/daric-persian.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13121"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}