Canada's banking regulators have seized the assets of the Toronto branch of Silicon Valley Bank amid its collapse.
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Bank falls drag Canada’s main stock index lower on Silicon Valley Bank contagion fears‘Financials in general are going to be a very volatile space for the coming few weeks and months’
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Silicon Valley Bank’s Toronto branch seized by Canada’s banking regulator amid collapse | Globalnews.caU.S. banking regulators were forced on Friday to urgently close Silicon Valley Bank after billions of dollars were withdrawn by fearful depositors.
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Canada, other countries hustle to stop potential banking crisis after Silicon Valley Bank collapse | CBC NewsGovernments in the U.S., Canada and Britain are taking extraordinary steps to prevent a potential banking crisis after the failure of California-based Silicon Valley Bank prompted fears of a broader upheaval.
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Silicon Valley Bank’s collapse rattled the U.S. Now, Canada braces for aftershocks - National | Globalnews.caSilicon Valley Bank's collapse has some worried about a contagion spreading to financial institutions north of the boder. Here's what to know about risks for Canada.
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Canada’s tech sector faces investor fears, funding crunch after Silicon Valley Bank demiseThere is worry that the tech sector, which entered a sharp downturn in late 2021, will continue scaring off investors and available capital for startups will tighten further
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Biden tells U.S. to have confidence in banks after Silicon Valley Bank and Signature Bank collapseThe Silicon Valley Bank collapse is the second largest bank failure in U.S. history, behind only the 2008 failure of Washington Mutual.
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