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BBCNEWS BBC News July 6, 2024



i think that is a very dangerous place to i think that is a very dangerous place to be in. us i think that is a very dangerous place to be im i think that is a very dangerous place to be in. us regulators have shut down silicon place to be in. us regulators have shut down silicon valley - place to be in. us regulators have shut down silicon valley bank, . place to be in. us regulators have| shut down silicon valley bank, the biggest banking failure since the 2008 financial crisis. officials in hamburg say the gunmen who shed dead seven people atjehovah s witness meeting her was a former member of the religious group who left on bad terms. we will catch up with lesley paterson the triathlete nominated for numerous awards at this weekend s oscars for her screenplay of a german first world war epic. so i went up to tom cruise and i said, hi, tom. my name is lesley paterson, writer of all quiet on the western front. he said, i know your story, he said, how many hou ....

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BBCNEWS BBC News June 4, 2024 10:18:00

Did not seem all that bad but there was some other red flags around it and what happened was a lot of its depositors decided that meant the bank was in trouble like silver gate had been. and took their deposits out. it lost about a quarter of its deposits in two days. some 42 billion dollars flowed out of the bank. it is difficult to see how any bank. it is difficult to see how any bank could survive that. that bank. it is difficult to see how any bank could survive that. bank. it is difficult to see how any bank could survive that. that is how ou bank could survive that. that is how you describe bank could survive that. that is how you describe a bank could survive that. that is how you describe a run bank could survive that. that is how you describe a run on bank could survive that. that is how you describe a run on a bank could survive that. that is how you describe a run on a bank. - bank could survive that. that is how you describe a run on a bank. is- you describe a ru ....

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BBCNEWS BBC News June 4, 2024 10:17:00

Speak to people who have not got the money out it s a time of deep concern. they may not know for another 48 hours whether the money has evaporated and there is another worry. it s notjust a little solely about start ups. this could spread to other banks across the world. for more on this i am joined by the financial commentator. thank you for your time today. tell us more about why this has happened. it’s a why this has happened. it s a classic run why this has happened. it s a classic run on why this has happened. it s a classic run on the why this has happened. it s a classic run on the bank. - why this has happened. it s a classic run on the bank. a - why this has happened. it s a - classic run on the bank. a couple why this has happened. ut s . classic run on the bank. a couple of days ago following the failure of the crypto related bank that went down in flames wednesday this week, silicon valley bank announced it was going to restructure its balance sheets. set up a por ....

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