𝐒𝐢𝐥𝐢𝐜𝐨𝐧 𝐕𝐚𝐥𝐥𝐞𝐲 𝐁𝐚𝐧𝐤 and 𝐒𝐢𝐠𝐧𝐚𝐭𝐮𝐫𝐞 𝐛𝐚𝐧𝐤 failed with enormous speed – so quickly that they could be textbook cases of classic bank runs, in which too many depositors withdraw their funds from a bank at the same time. The failures at SVB and Signature were two of the three biggest in U.S banking history, following the collapse of Washington Mutual in 2008.


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