Silicon Valley Bank’s depositors will be fully protected, according to the Federal Reserve

Silicon Valley Bank’s depositors will be fully protected, according to the Federal Reserve

The Federal Reserve issued a joint pair of statements on Sunday with one clear message: Silicon Valley Bank’s depositors, both insured and uninsured, will receive help in a manner that will “fully protect” all. Depositors, the statement reads, “will have access to all of their money starting Monday, March 13. No losses associated with the […]

Silicon Valley Bank’s depositors will be fully protected, according to the Federal Reserve by Natasha Mascarenhas originally published on TechCrunch

Silicon Valley Bank’s depositors will be fully protected, according to the Federal Reserve

2023-03-13 08:00