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US bank SVB taken over in largest failure since 2008

by | Mar 11, 2023

US regulators have shut down Silicon Valley Bank (SVB) and taken control of its customer deposits in the largest failure of an American bank since 2008.

San Francisco, March 11,2023:  US regulators have shut down Silicon Valley Bank (SVB) and taken control of its customer deposits in the largest failure of an American bank since 2008.

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