Silicon Valley Bank Collapse And FDIC Bailout: What You Should Know

Silicon Valley Bank Collapse And FDIC Bailout: What You Should Know
The U.S. government stepped in on Sunday to assure depositors would have access to their money following the collapse of two banks, Silicon Valley Bank and Signature Bank. Treasury Secretary Janet Yellen stated that the federal government, however, would not be protecting the shareholders and that senior management of the banks has been removed.

The

Source: Hot Hardware – Silicon Valley Bank Collapse And FDIC Bailout: What You Should Know