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https://www.wsj.com/articles/silicon-valley-bank-svb-financial-what-is-happening-299e9b65
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Last week, Silicon Valley Bank
failed and was taken over by regulators. On Sunday, another bank, Signature Bank, was also closed. That day, the government stepped in to protect all of those banks’ deposits and create a way for other banks to get access to more cash.
Why did all that happen, and what could happen next? Here are some questions and answers to help guide readers.
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This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.