SGL Live on WGN 9 News – Silicon Valley Bank Failure

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?