Some Silicon Valley Bank customers are selling their deposits at big discounts to raise cash quickly, reports say

Tech Insider
A worker (C) tells people that the Silicon Valley Bank (SVB) headquarters is closed on March 10, 2023 in Santa Clara, California. Silicon Valley Bank was shut down on Friday morning by California regulators and was put in control of the US Federal Deposit Insurance Corporation.
Regulators shut down Silicon Valley Bank on Friday.

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