#SVB closed until Monday by US regulators as concerns mount over uninsured deposits | 17:24pm
- The FDIC created the Deposit Insurance National Bank of Santa Clara, which now holds the insured deposits from SVB.
tinyurl.com/2ggb9y85
- The FDIC created the Deposit Insurance National Bank of Santa Clara, which now holds the insured deposits from SVB.
tinyurl.com/2ggb9y85
#SVB. A major bank failed. Here’s why it’s not 2008 again | -35 min
- Its downfall is the largest failure of a financial institution since Washington Mutual collapsed at the height of the financial crisis more than a decade ago
thefrontierpost.com/a-major-bank-f…
- Its downfall is the largest failure of a financial institution since Washington Mutual collapsed at the height of the financial crisis more than a decade ago
thefrontierpost.com/a-major-bank-f…
#SVB. #Musk says he's open to buying #SiliconValleyBank | Mar 11
- His tweet came.. than two days after the bank tried to persuade clients not to pull their money over concerns it was running low on available cash.
aninews.in/news/business/…
- His tweet came.. than two days after the bank tried to persuade clients not to pull their money over concerns it was running low on available cash.
aninews.in/news/business/…
#SVB with assets of $209bn was the second biggest bank failure in US history | Mar 11
- It had 17 branches in California and Massachusetts and served mostly technology-focused companies based in Silicon Valley.
thenationalnews.com/business/banki…
- It had 17 branches in California and Massachusetts and served mostly technology-focused companies based in Silicon Valley.
thenationalnews.com/business/banki…
The collapse of the #SiliconValleyBank... What does it mean for the #US #financial system? | 11/03/2023
- the bank's #share price - whose name is abbreviated "#SVP" - fell by 60% last Wednesday and then 70% yesterday Friday,
tellerreport.com/news/2023-03-1…
- the bank's #share price - whose name is abbreviated "#SVP" - fell by 60% last Wednesday and then 70% yesterday Friday,
tellerreport.com/news/2023-03-1…
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