Last week, Silicon Valley Bank failed and was taken over by regulators. On Sunday, another bank, Signature Bank, was also closed. That day, the government stepped in to protect all of those banks’ deposits and create a way for other banks to get access to more cash. Why did all that happen, and what could happen next? 📷: Reuters, Getty (3), AP, Brian Banducci for WSJ #svb #siliconvalleybank #economy #recession #bank #money #wsj #wallstreetjournal #thewallstreetjournal | Silicon Valley Bank, explained in under 1 min