US Federal Deposit Insurance Corp. (FDIC) closed down Silicon Valley Bank last week after its share price plunged due to ongoing bond-market losses, triggering $42 billion of withdrawals.From pv magazine USA The FDIC put Silicon Valley Bank into receivership last week and created a new bank - Deposit Insurance National Bank of Santa Clara - with available account deposits of up to $250,000. On the weekend, the US Federal Reserve said that all deposits would be secured and available to depositors on Monday morning. Silicon Valley Bank's $209 billion in assets make its collapse the second-largest ...Den vollständigen Artikel lesen ...