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US government: Silicon Valley Bank clients will get funds

US government: Silicon Valley Bank clients will get funds

  • Regulators closed the bank on Friday when depositors rushed to withdraw their funds all at once
  • Execs feared that if the failed bank is not rescued, customers would make runs on other financial institutions in the coming days
By AP ·
Silicon Valley Bank is largest failure since financial crisis, billions stranded

Silicon Valley Bank is largest failure since financial crisis, billions stranded

By Reuters ·

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