Silicon Valley Bank (SVB) is a commercial bank that has its headquarter in Santa Clara, California. The bank also has additional offices in the United States, Europe, and Asia. SVB failure in 2023 has been one of the worst crises in the finance industry in the 21st century. In light of this, RILA GLOBAL CONSULTING analyzed online conversations around Silicon Valley Bank collapse, the largest bank failure in the US since 2008, and uncovered interesting insights!
Nearly 27M impressions in less than a week
Discussions about Silicon Valley Bank skyrocketed within just 4 days, amounting to an outstanding 12.6M of engagements online.
Authors are extremely upset
There are numerous online talks about the financial and political implication of the collapse, which accounts for the 41.5% negative sentiment.
Hashtag #SVB appears on average 13.2K times a day on Twitter
Twitter is the top data source, but most engaging content comes from TikTok
English conversations are predominant
The English language conversation contributed more than 80% with 2M results.
Half of the discussions are from by Gen Y
In fact, almost half of the online discussions belong to Millennials.
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