![Silicon Valley Bank was shut after a number of start-ups unsuccessfully tried to withdraw their cash. AFP](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/5KSBJCY3TALZAVKPOQKDWTLRHU.jpg?smart=true&auth=b3caca46c6373bcab378520e938a63a04e6c3036aa5f81c9a7959a845dd04368&width=400&height=225)
Silicon Valley Bank was shut after a number of start-ups unsuccessfully tried to withdraw their cash. AFP
Silicon Valley Bank was shut after a number of start-ups unsuccessfully tried to withdraw their cash. AFP
Why did Silicon Valley Bank collapse and what it means for its start-up clients
The US government intervened on Sunday and assured uninsured depositors that they would have access to their funds