'Americans can have confidence that the banking system is safe,' Biden said on Monday morning.
NEW YORK --
U.S. regulators closed the Silicon Valley Bank on Friday after it experienced a traditional bank run, where depositors rushed to withdraw their funds all at once. It is the second largest bank failure in U.S. history, behind only the 2008 failure of Washington Mutual. Governments in the U.S. and Britain were both taking extraordinary steps to prevent a potential banking crisis.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
How Silicon Valley Turned on Silicon Valley BankThe fallout from Silicon Valley Bank threatens to engulf Silicon Valley—and has put the rest of the banking system on edge
Lire la suite »
President Biden tells US to have confidence in banks after Silicon Valley collapse'Americans can have confidence that the banking system is safe,' Biden said on Monday morning.
Lire la suite »
President Biden tells US to have confidence in banks after Silicon Valley collapseWATCH LIVE: President Biden speaks on Silicon Valley Bank collapse as regulators work to prevent banking crisis. Special Report now
Lire la suite »
President Biden tells US to have confidence in banks after Silicon Valley collapsePresident Joe Biden is telling people in the U.S. that the nation's financial systems are sound.
Lire la suite »
President Biden tells US to have confidence in banks after Silicon Valley collapse'Americans can have confidence that the banking system is safe,' Biden said on Monday morning.
Lire la suite »
Biden tells Americans to have confidence after Silicon Valley Bank collapse“Americans can have confidence that the banking system is safe,” Biden said. “Your deposits will be there when you need them.”
Lire la suite »