5/8/2023 0 Comments Dropbox link![]() Typically, only deposits up to $250,000 are insured by the Federal Deposit Insurance Corporation. On Sunday, regulators in the United States took the unusual step of g uaranteeing all deposits at the lender. Concerned about making payroll, companies raced to transfer deposits out of the bank. Several companies disclosed in filings significant deposits in the bank. ![]() Silicon Valley Bank, which described itself as the “financial partner of the innovation economy,” provided services to nearly half of all venture-backed technology and life-science companies in the United States, according to its website.
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