Two large regional banks failed within a period of only two days, Silicon Valley Bank (SVB) on March 10, and Signature Bank on March 12. Both banks had a combined aggregate asset size of $319 billion as of Dec. 31, 2022, with SVB and Signature ranked as the 16th- and 29th-largest banks in the United States, respectively, based on total assets of $209 billion for SVB and $110 billion for Signature.
The failure of SVB is the second-largest bank failure in U.S. history, behind only the failure Washington Mutual in September 2008. So, are the failures of SVB and Signature only
