Think the collapse of a US tech bank doesn't affect you? Think again

March 2023 marked a significant event in the banking sector – as one of the top US lenders faced a historic collapse. You’d be excused for being unaware of Silicon Valley Bank (SVB) until now – but you’ve almost certainly noticed the shockwaves caused by its demise; and you may be left wondering whether or not we’re heading towards another financial crisis. To answer that question, we need to delve into the history of SVB and establish what its collapse actually means.