NEWSUPDATE: California regulators close SVB, appoint the FDIC as receiver to protect insured deposits; SVB had ~$209B in assets and $175.4B in deposits at the end of 2022 (CNBC)

Saturday, 11 March 2023

California regulators close SVB, appoint the FDIC as receiver to protect insured deposits; SVB had ~$209B in assets and $175.4B in deposits at the end of 2022 (CNBC)

CNBC:
California regulators close SVB, appoint the FDIC as receiver to protect insured deposits; SVB had ~$209B in assets and $175.4B in deposits at the end of 2022 — This is breaking news. Please check back for updates.

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