Silicon Valley Bank
The rapid-fire implosions of Silicon Valley Bank and Silvergate have Wall Street worried about a broader financial shock.
  • The implosion of the California lenders Silicon Valley Bank and Silvergate has investors worried.
  • They're concerned a particular weakness in the banks is mirrored across the financial system.
  • One investor called it the "first sign there might be some kind of crack in the financial system."

Silicon Valley is on a knife edge after the implosion of two banks at the heart of its financial system. But it's not only California's tech industry that should be concerned.