SGL Live on WGN 9 News – Silicon Valley Bank Failure

Posted on Wed Mar 15, 2023
by SGL Financial
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Last Friday, March 10th, we began hearing word of the failure of Silicon Valley Bank in northern California. WGN News asked SGL President, Steve Lewit to join them on a segment to review what happened with SVB and what it means for the banking industry as a whole.

Here’s what Steve covered Live on WGN 9 News:

  • The impact of two bank collapses and how it extends to Chicago.
  • Is this a broader issue across the banking industry or is it isolated?
  • Should investors be concerned about this impacting their portfolios?