A California bank's sharply reduced earnings forecast has raised concerns about a slowdown in the high-technology economy and its effects on lenders.

Silicon Valley Bancshares, which is as closely identified with the Northern California high-tech sector as its name implies, said its fourth- quarter earnings could be as much as 50% below analysts' estimates.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.