Bank stocks brace for impact on a jittery Monday: Here’s the latest fallout from the collapse of SVB
The FDIC on Sunday said it would protect the deposits of insured SVB account holders. Now all eyes are on Monday’s markets.
The fallout from the collapse of Silicon Valley Bank last week has continued throughout the weekend, with multiple government agencies stepping in to try to cushion the blow. SVB’s downfall represents the largest bank failure since the 2008 financial crisis. Here’s the latest as of Monday morning.
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