‘If the Crisis Isn’t Sorted in Days, There Will Be Chaos': Bank Failure Stirs Concern for Israeli Startups - Business

‘If the Crisis Isn’t Sorted in Days, There Will Be Chaos': Bank Failure Stirs Concern for Israeli Startups - Business

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Silicon Valley Bank, which was closed by U.S. regulators Friday after massive withdrawals and the collapse of its share price, was the bank of choice for the Israeli high-tech sector. The California-based bank, which in 2008 opened an Israeli branch on Tel Aviv’s Ha’arba’a Street, held billions of…

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