In the US, authorities shut down Silicon Valley Bank after customers en masse withdrew their deposits. It is the biggest bank failure since the great financial crisis. Despite this, it is not certain that she is the progenitor for the next episode of this kind. But the first negative consequences can be seen, for example, in the crypto scene.
Notice in a branch of the Silicon Valley Bank after the bankruptcy.
The initial shock after the rapid liquidation of the Silicon Valley Bank (SVB) was great, and the descriptions sound dramatic. Like how a police officer at the branch in the Boston suburb of Wellesley broke the news of the bank’s closure late Friday morning to customers while they were still desperately trying to withdraw their savings.
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