A Canadian banking regulator on Sunday said it was taking temporary control of Silicon Valley Bank's unit in the country, as the fallout from the collapsed U.S. startup-focused lender reverberated around the world.
The main entrance of Silicon Valley Bank is seen in Menlo Park, California U.S., on Friday, March 10, 2023. REUTERS/Michaela Vatcheva
unit in the country, as the fallout from the collapsed U.S. startup-focused lender reverberated around the world.
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