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- Regulators shut down Silicon Valley Bank on Friday following a catastrophic bank run.
- Silicon Valley Bank had $209 billion in assets as of the end of 2022, according to the FDIC.
- The largest bank failure before that was Washington Mutual in 2008, which had $307 billion in assets.
Regulators closed down Silicon Valley Bank on Friday, making it the largest bank failure in the US since the 2008 financial crisis.