Silicon Valley Bank Collapses in Historic US Bank Failure, March 10, 2023

Silicon Valley Bank collapses due to a run on its deposits, in the second largest bank failure in US history. Its operations are taken over by the FDIC.

Silicon Valley Bank collapses due to a run on its deposits, in the second largest bank failure in US history. Its operations are taken over by the FDIC.

Date: March 10, 2023

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