SVB's Collapse Ripples Through Silicon Valley
Bloomberg Tech
00:00
Yellen Says She Has Confidence in the Federal Reserve
The FDIC has come in, taken control at Silicon Valley Bank and will oversee the sale process. Aaron Klein: There are a lot of tools the FDIC has to handle this resolution situation. SBB Financial Group was removed from the S&P 500 as an index, insulate as the company that will replace it.
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