US regulators will protect all deposits at Silicon Valley Bank

Engadget
By Steve DentMar 13, 2023, 12:58 am237 pts
US regulators have announced that they're taking action to "fully" protect all deposits at Silicon Valley Bank (SVB), CNBC has reported. The institution is home to a large number of startups and established companies like Roku and Etsy, which will have full access to their funds as of today. At the same time,…

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