SVB's European Shockwaves: Silicon Valley Brings Disruption to Global Finance
![SVB's European Shockwaves: Silicon Valley Brings Disruption to Global Finance](https://cdn.prod.www.spiegel.de/images/eeca7723-4805-4bbc-900a-8c1eac9d88dd_w520_r2.08_fpx63.85_fpy50.jpg)
Rising interest rates have plunged the financial markets into turbulence. Regional banks in the U.S. are facing bank runs while in Europe, Credit Suisse is on the brink. Is a new global financial crisis coming?