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Silicon Valley Bank collapses in biggest bank failure since Great Recession
NBC News Clone summarizes the latest on: Silicon Valley Bank Collapses In Biggest Bank Failure Since Great Recession 164908613977 - Breaking News | NBC News Clone. This article is rewritten and presented in a simplified tone for a better reader experience.
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Silicon Valley Bank, the 16th largest bank in the United States, is shut down. With $175 billion in deposits, it is the biggest American bank to fail since the 2008 financial crisis. CNBC’s Deirdre Bosa reports.March 11, 2023
