Based in Santa Clara, California, the bank was shut down after its investments greatly decreased in value and its depositors withdrew large amounts of money, ...
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What exactly happened to the Silicon Valley Bank?
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Mar 13, 2023 · In the case of SVB, the FDIC said "customers with uninsured assets, or those with more than $250,000 in the bank, will get a receivership ...
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Mar 10, 2023 · The collapse came after customers pulled deposits higher than the $250,000 guaranteed by the Federal Deposit Insurance Corp. (FDIC) and SVB ...
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Apr 28, 2023 · Fed report says Silicon Valley Bank board of directors and management failed to manage the bank's risks. The regulator admits Fed officials did ...
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Mar 13, 2024 · The collapse happened for multiple reasons, including a lack of diversification and a classic bank run, where many customers withdrew their ...
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Mar 14, 2023 · A trust owned by CEO Greg Becker sold SVB shares worth more than $3.5 million less than two weeks before the bank's collapse, according to the ...
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May 17, 2024 · US bank regulators have introduced sweeping proposals to increase capital requirements for the largest banks by c.16%, equating to c.USD200bn.
Mar 27, 2023 · On Tuesday, Michael Barr will testify to law makers about the Federal Reserve's findings so far in their investigation of Silicon Valley ...
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