Roundup: Aggressive U.S. rate hikes blamed for Silicon Valley Bank collapse

LONDON, March 16 (Xinhua) -- The demise of Silicon Valley Bank (SVB) is partly due to aggressive interest rate hikes by the U.S. Federal Reserve, experts have said.

The collapse of SVB has spooked global markets, but "it's not really a surprise, given that the rate hike was quite substantial over such a short period of time," Charlie Cai, a professor of Finance at the University of Liverpool, told Xinhua on Tuesday.