2 Major Banks Collapse in Largest U.S. Banking Failure Since 2008
Silicon Valley Bank and New York’s Signature Bank collapsed Friday and have been taken under the control of the Federal Deposit Insurance Corporation (FDIC). The Silicon Valley Bank collapse is the largest failure of a U.S. bank since the 2008 glo…
Silicon Valley Bank and New York’s Signature Bank collapsed Friday and have been taken under the control of the Federal Deposit Insurance Corporation (FDIC). The Silicon Valley Bank collapse is the largest failure of a U.S. bank since the 2008 global financial crisis.
