Bruno Colmant: "The fall of Silicon Valley Bank is not a systemic problem"

The collapse of Silicon Valley Bank surprised financial markets quick to remember the beginnings of the 2008 crisis. But comparison is not right, believes Bruno Colmant, who sees it more as a problem specific to a bank, in the United United.

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Journalist in the Economy department

By Benoit July

Published on 03/12/2023 at 15:32
Reading time: 4 mins

SVB. Three letters that identify the “Silicon Valley Bank”, an essential institution in the ecosystem of American start-ups, but largely unknown in Europe… until recently. In question: a sudden and dizzying fall, all the more worrying as it can only recall the beginnings of the financial crisis of 2008. The point with Bruno Colmant, professor of finance and member of the Royal Academy of Belgium, between others, which is obviously expressed in the current state of the file.

Why is SVB sinking? And why now?

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