Friday, March 10, 2023

Silicon Valley Bank collapse marks 2nd biggest bank failure in U.S. history

Police exit headquarters of Silicon Valley Bank

Regulators rushed Friday to seize the assets of one of Silicon Valley's top banks, marking the largest failure of a U.S. financial institution since the height of the financial crisis almost 15 years ago.



source https://www.cbc.ca/news/business/silicon-valley-bank-failure-1.6775730?cmp=rss

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