Last Friday, the biggest failure of a US bank since the global financial crisis was playing out in real time as a major lender to the tech industry succumbed to a classic bank run.Silicon Valley Bank's customers were frantically pulling their money from the California-based lender before US regulators intervened to take control.
#european-union #united-kingdom #recent-days #switzerland #compensation #wall-street #interest-rates #goldman-sachs #federal-reserve #tech-industry
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