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Learn more at Bloomberg Live.com slash sustainablebiz Singapore. That's Bloomberg Live.com Sustainable Biz Singapore.

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slash sustainable Biz Singapore.

I'm Caroline Hyde at Bloomberg's world

headquarters in New York. And I'm at a at Bloomberg's World Headquarters in New York.

And I'm Ed Loddler in San Francisco.

This is a special edition of Bloomberg Technology.

Because Ed today, we are focusing on the biggest bank failure since the 2008 Financial Crisis Silicon Valley Bank.

Started a year with more than 200 billion dollars in assets. Today, California regulators

closed the bank and sent it into receivership. Basically, it collapsed. A top lender to VC-backed startups.

S. V.B, the parent company, had quadrupled the size of Silicon Valley Bank in the past five

years. Now it's the second bank, Silicon Valley Bank in the past five years. Now it's the second bank, Silicon

Valley Bank, is to fold in a week after Silvergate's bankruptcy. This story is

bleeding into the banking sector, into the tech sector, into the financial markets at large,

and has the attention of not only financial regulators, the White House top venture capitalists,

tech founders of all backgrounds.

Just tell us a little bit about how it's impacting individual companies at this moment.

Well, first off the bat, trading of S. V. Financial Group was suspended.

Holtig, Pedding News and never did trade.

...