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Posts tagged as “Silicon Valley Bank’”

FDIC Takes Control of Silicon Valley Bank as Banking Industry Reels from Recent Failures

This article examines the recent failures of Silicon Valley Bank and Signature Bank, as well as the ongoing issues at Credit Suisse. It is believed that Silicon Valley Bank's lending practices contributed to its rapid failure, leading the FDIC to take control of the bank. Analysts have raised questions about the risk management of the bank's executives and board, and the FDIC is now left to grapple with the consequences of these failures and the questions they have raised.