Silicon Valley Bank collapses in America's biggest banking failure since 2008
Edited By WION Video Desk
Published: Mar 10, 2023, 19:55 IST | Updated: Mar 10, 2023, 19:55 IST
SVB is the largest retail bank to fail since 2008. U.S. regulators shuttered Silicon Valley Bank (SVB) on Friday and took control of its deposits, in what amounts to the biggest retail banking failure since the global financial crisis.
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