By: Ascure
World’s two Biggest Banks collapsed.
Source: Google
They are named as Silicon Valley Bank and Silver Gate.
Source: Google
The silver bank is closing because it failed to submit an annual report on Form-10 k to the Securities and Exchange Commission for the fiscal year that ended on 31 Dec 2022.
Source: Google
The Federal government is taking extraordinary actions.
Source: Google
America's Banking system has spoiled entirely right now.
Source: Google
Customers Lined up withdraw money at Silicon Bank.
Source: Google
Silicon Bank Money had landed money to technology Companies seized by US regulators.
Source: Google
Signature Bank was a commercial bank focusing on Corporate customers.
Source: Google
President Biden said, “Your Deposits will be there when you need them”.
Source: Google