Market question: Will SVB fail?
Category: Other
Tags: All

This market will resolve to "Yes" if it is announced that Silicon Valley Bank (SVB) will be or is closing, filing for bankruptcy, liquidated, is insolvent, or otherwise fails by March 17, 2023, 11:59:59 PM ET. Otherwise, this market will resolve to "No".

If SVB is acquired, bought out, or sold, it will not suffice to resolve this market to “Yes" - however if SVB fails and the FDIC finds a bank to take them over, the market will resolve to "Yes."

Announcement before the resolution date counts even if the action doesn't take place until after the resolution date.

The primary resolution source for this market will be official information from Silicon Valley Bank, an acquirer of Silicon Valley Bank, and/or the FDIC, however a consensus of credible reporting may also be used.

Outcome: Yes