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Silicon Valley Bank seized after run by depositors

Por: WPTV Nation March 11, 2023

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The U.S rushed to seize the assets of Silicon Valley Bank on Friday after a run on the bank, the largest failure of a financial institution since Washington Mutual during the height of the financial crisis more than a decade ago.Silicon Valley, the nation's 16th largest bank, failed after depositors — mostly technology workers and venture capital-backed companies — hurried to withdraw their money this week as anxiety over the... + full article



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