Proceedings of the 2023 International Conference on Finance, Trade and Business Management (FTBM 2023)

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Research on the Causes and Suggestions of Silicon Valley Bank's Bankruptcy Based on the Dual Perspective of the Information Age, Interest Rate Impact

Authors
Jiayi Lu1, *
1Department of Financial engineering, Business School, Shanghai Jian Qiao University, Shanghai, 201306, China
*Corresponding author. Email: 1812211202@mail.sit.edu.cn
Corresponding Author
Jiayi Lu
Available Online 30 November 2023.
DOI
10.2991/978-94-6463-298-9_21How to use a DOI?
Keywords
Silicon Valley Bank; Federal Reserve raises interest rates; information age
Abstract

The bankruptcy of Silicon Valley Bank can be said to be a very representative financial event recently. Now that Silicon Valley Bank, signatory banks and Credit Suisse have all gone bankrupt, only by studying the real reasons behind Silicon Valley Bank can we better formulate policies and optimize the financial system to prevent the recurrence of such events from further bringing chaos to the market. Through sorting out the causes of Silicon Valley Bank, this paper analyzes and summarizes the main causes of the event: the uncontrolled manipulation of the exchange rate by the Federal Reserve, and the seriousness of negative information in the digital era. Therefore, this paper puts forward the following suggestions: banks should actively supervise Interest rate risk and the state should actively formulate policies to deal with the negative impact of the US dollar's uncontrolled interest rate increase, and attach importance to and prevent the credit crisis caused by negative information in the information age.

Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2023 International Conference on Finance, Trade and Business Management (FTBM 2023)
Series
Advances in Economics, Business and Management Research
Publication Date
30 November 2023
ISBN
978-94-6463-298-9
ISSN
2352-5428
DOI
10.2991/978-94-6463-298-9_21How to use a DOI?
Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Jiayi Lu
PY  - 2023
DA  - 2023/11/30
TI  - Research on the Causes and Suggestions of Silicon Valley Bank's Bankruptcy Based on the Dual Perspective of the Information Age, Interest Rate Impact
BT  - Proceedings of the 2023 International Conference on Finance, Trade and Business Management (FTBM 2023)
PB  - Atlantis Press
SP  - 193
EP  - 201
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-298-9_21
DO  - 10.2991/978-94-6463-298-9_21
ID  - Lu2023
ER  -