Timeline Of The 2nd Largest Bank Failure In US History

How it all came down: The Silicon Valley Bank Collapse

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Here's How the Second-Biggest Bank Collapse in U.S. History Happened in Just 48 Hours, all started late Wednesday!

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Rumors emerge that SBV faces interest rate risk on $91 billion in bonds.

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SVB announces firesale of $21 billion bond portfolio and it takes a massive $1.8 billion loss.

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SVB announces $2.3 billion share sale to cover bond losses.

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Bank run begins as account holders cash out balances above $250,000 FDIC insurance threshold.

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Credit agencies cut SVB's credit ratings. Pressure spreads to other U.S. banks erasing $80B in market cap. $SVIB stock fell 60%

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California regulator: "The precipitous deposit withdrawal has caused the Bank to be incapable of paying its obligations as they come due. The bank is now insolvent."

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Regulators shuttered SVB Friday and seized its deposits in the largest U.S. banking failure since the 2008 crisis and the second-largest ever.

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