Silicon Valley Bank, a lender popular among startups, has been shut down by California regulators after experiencing a liquidity crisis. The Federal Deposit Insurance Corporation has taken control of the bank and insured depositors will regain access to their accounts no later than Monday morning, with uninsured depositors receiving an advance dividend …
Watch with a 7-day free trial
Subscribe to Dennis Hendrickson to watch this video and get 7 days of free access to the full post archives.