(update: Federal Reserve Board (Joint statement Treasury, Fed, and FDIC), 6.15 pm EDT/Eastern Daylight Time, announced actions enabling the FDIC to complete its resolution of Silicon Valley Bank, Santa Clara, California, the 16th largest US bank, in a manner that fully protects all depositors.
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Silicon Valley Bank chaos: Not Like Lehman…
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(update: Federal Reserve Board (Joint statement Treasury, Fed, and FDIC), 6.15 pm EDT/Eastern Daylight Time, announced actions enabling the FDIC to complete its resolution of Silicon Valley Bank, Santa Clara, California, the 16th largest US bank, in a manner that fully protects all depositors.