Thanks to regulators, svb's demise has not meant a Silicon Valley cash crunch.

感谢监管机构，SVB 的倒闭并不意味着硅谷的现金紧缩。

But, as svb discovered, if a bank wobbles and must sell bonds, unrecognised losses become real.

但是，正如 svb 发现的那样，如果一家银行摇摆不定并且必须出售债券，那么未确认的损失就会成为现实。

But svb's collapse will scale back Silicon Valley's ambitions in other ways.

但 SVB 的倒闭将从其他方面削弱硅谷的雄心壮志。

Reports suggest regulators are attempting another auction of svb, having been unable to find a buyer last weekend.

报告显示监管机构正在尝试对 svb 进行另一次拍卖，因为上周末未能找到买家。

The fall of Silicon Valley Bank (svb) sped up the trend.

硅谷银行 (svb) 的倒闭加速了这一趋势。

According to the venture capitalist, the chance to replace svb as banker to Silicon Valley is a " tremendous opportunity" .

据风险投资家称，有机会取代 SVB 成为硅谷的银行家是一个“巨大的机会” 。

The firms did take flak during the demise of Silicon Valley Bank (svb) in March.

三月份硅谷银行（SVB）倒闭期间，这些公司确实受到了严厉批评。

When svb collapsed, unrealised losses on its securities amounted to 100% of core equity capital (see chart).

当 svb 倒闭时，其证券的未实现损失达到核心股本的 100%（见图表）。

The loss of svb is likely to have a chilling effect on an industry already suffering from higher interest rates.

失去 svb 可能会对已经遭受更高利率影响的行业产生寒蝉效应。

For example, svb often provided bridge financing to venture-capital firms, which enabled them to strike deals while awaiting cash from investors.

例如， SVB 经常向风险投资公司提供过桥融资，这使他们能够在等待投资者现金的同时达成交易。

Yet relationships between fintechs and regional banks, which have suffered in the wake of svb's collapse, may scare off potential long-term clients.

然而，在 SVB 倒闭后受损的金融科技与区域性银行之间的关系可能会吓跑潜在的长期客户。

The answer depends on the extent to which svb's problems are found elsewhere.

答案取决于在其他地方发现 SVB 问题的程度。

Worryingly, one in ten institutions looks more poorly capitalised than svb.

令人担忧的是，十分之一的机构看起来资本状况比 SVB 更差。

This was not just about the lunches and events it put on for clients: svb established itself as a reliable cog in Silicon Valley's dream machine.

这不仅仅是关于它为客户举办的午餐和活动：svb 将自己确立为硅谷梦想机器中可靠的齿轮。

But as panic spread following svb's collapse, some prominent voices called for a pause to survey the effects on the economy.

但随着欧洲央行倒闭后恐慌情绪蔓延，一些知名人士呼吁暂停调查对经济的影响。

First Republic has reportedly lost $70bn in deposits—around 40% of its total as of the end of 2022—since svb failed.

据报道，自 svb 倒闭以来，第一共和国已经损失了 700 亿美元的存款——截至 2022 年底，约占其存款总额的 40%。

Silicon Valley Bank (svb) netted nearly half of America's venture-backed technology and life-science firms as clients by providing what a venture capitalist calls the " the white-glove, red-carpet treatment" .

硅谷银行 (svb) 通过提供风险资本家所说的“白手套红地毯待遇” ， 吸引了近一半的美国风险投资支持的技术和生命科学公司作为客户。

Indeed, a downgrade warning from Moody's the week before svb's collapse was one of the triggers that revealed the parlous state of the bank's funding.

事实上，穆迪在瑞士银行倒闭前一周发出的评级下调警告是暴露该银行融资状况不佳的触发因素之一。

On one flank the Fed is trying to douse the red-hot embers of a crisis that began with a run on Silicon Valley Bank (svb).

一方面，美联储正试图扑灭始于硅谷银行 (svb) 挤兑的危机的炽热余烬。

As for liabilities, the Federal Deposit Insurance Corporation, a regulator, pledged to stand behind large uninsured deposits in svb and Signature, another bank that suffered a run.

至于负债，监管机构联邦存款保险公司承诺支持 svb 和另一家遭遇挤兑的银行 Signature 的大量未投保存款。