Asian Startups Lose Confidence in U.S. Banking After SVB Panic

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Asian Startups Lose Confidence in U.S. Banking After SVB Panic
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The failure of SVB reverberated through startups and venture-capital firms from China to India, underlying the role of U.S. money in global tech financing

The abrupt collapse of the Silicon Valley Bank, the second-biggest bank failure in U.S. history, prompted regulators to impose emergency measures to stem the fallout. WSJ’s Rachel Ensign explains how the crisis unfolded and what could happen next.

Photo: Jeff Chiu/Associated Press
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