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In the wake of the Silicon Valley Bank collapse, the consensus is that Maine banks are well-capitalized and diversified, with sufficient buffers to prevent the panicked run that unraveled SVB. But the outlook gets murky if the current turmoil escalates into a wider crisis and sparks a recession. ....
Max Echeverria founded his tech company in his home country before moving it to Maine. In its growth, the business earned financial backing from Google. ....