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Cops Called After Freaked Clients Show Up to Silicon Valley Bank’s NYC Office

Por: The Daily Beast Nation March 10, 2023

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Police responded to Silicon Valley Bank’s (SVB) New York offices on Friday as panicked clients demanded their money amid the institution’s shocking implosion.The Federal Deposit Insurance Corporation (FDIC) just a few hours later, ordering the bank closed and taking control of its $175.4 billion in deposits. The massive meltdown marks the biggest bank failure since the 2008 financial crisis.SVB, the 16th-largest bank in the country, has been... + full article



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