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Will Silicon Valley Bank collapse spark a broader banking meltdown?

Silicon Valley Bank collapsed with astounding speed on Friday. Investors are now on edge about whether its demise could spark a broader banking meltdown. The US federal government has stepped in to guarantee customer deposits, but SVB’s downfall continues to reverberate across global financial markets.

Is Silicon Valley Bank 'conducting business as usual'?

"Silicon Valley Bank 'conducting business as usual', new CEO says". Reuters. Archived from the original on March 14, 2023. Retrieved March 13, 2023. ^ a b Thompson, Mark; Enochs, Liz; Isidore, Chris (March 27, 2023).

Why did Silicon Valley Bank move to Santa Clara?

The move is aimed at preventing more bank runs and helping tech companies to continue paying staff and funding their operations. Silicon Valley Bank headquarters in Santa Clara, California, US, on Thursday, March 9, 2023.

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