The FDIC has taken over Silicon Valley Bank: Here's what that means
Published on: Monday 03 April 2023
But the money they lend often comes from customers' deposits. That isn't problematic unless the bank finds itself in a situation when every customer wants to withdraw their deposits at once in ...
News source: https://www.usatoday.com/story/money/economy/2023/03/10/fdic-silicon-valley-bank-fail/11445464002/