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Over the past several weeks, the markets have been roiled by banks in financial distress. Some banks have received influxes of capital, while others were taken over by regulators or a. ....
The FDIC announced all of the assets of Silicon Valley Bank have been transferred to a bridge bank, which is a newly chartered bank. Depositors will automatically become customers of the bridge bank and, beginning this morning, depositors will have full access to their funds. ....