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Silicon Valley Bank collapse: Biden says systems are sound

Depositors withdrew savings and investors broadly sold off bank shares Monday as the federal government raced to reassure Americans that the banking system was secure after two bank failures fed fears that more financial institutions could fall. ....

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Government races to reassure U.S. that banking system is safe

Depositors withdrew savings and investors broadly sold off bank shares Monday as the federal government raced to reassure Americans that the banking system was secure after two bank failures fed fears that more financial institutions could fall. ....

New York , United States , South Africa , West Monroe , City Of , United Kingdom , White House , District Of Columbia , Norbert Michel , Michele Barry , Wesley Zheng , Chris Caulfield , Joe Biden , Michael Barr , Kathy Hochul , Silicon Valley Bank , Signature Bank , Cato Institute , Silicon Valley Bank On , Third Bank , Huntington Bancshares , Fifth Third Bank , Wells Fargo , Charles Schwab , First Republic Bank , Washington Mutual ,