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Troubles at Silicon Valley Bank ripple across Boston tech scene

Por: The Boston Globe Tech March 10, 2023

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Local startups and investors who depended on Silicon Valley Bank, a key player in the tech economy, are facing the ugly reality that their accounts are frozen after the California-based financial institution was seized by regulators.The Federal Deposit Insurance Corp. took control of SVB on Friday, marking the second-largest bank failure in US history, after SVB’s growing losses due to rising interest rates prompted a run on the bank.As... + full article



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