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Regulators shut down Silicon Valley Bank in the biggest bank collapse in years

Summary by Reuters
A California regulator shut Silicon Valley Bank on Friday and appointed the Federal Deposit Insurance Corporation as receiver, according to the agency’s statement.

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Bias Distribution

  • 47% of the sources are Center
47% Center
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Star Advertiser broke the news in Honolulu, United States on Friday, March 10, 2023.
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