On March 10, 2023, silicon Valley Bank collapses due to a run on its deposits, in the second largest bank failure in US history. Its operations are taken over by the FDIC. The year's #1 song was "Last Night" by Morgan Wallen.
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Featured · March 10, 2023
Silicon Valley Bank collapses due to a run on its deposits, in the second largest bank failure in US history. Its operations are taken over by the FDIC.
Silicon Valley Bank (SVB) is a commercial bank division of First Citizens BancShares. S. states and over a dozen international jurisdictions.
2023 (MMXXIII) was a common year starting on Sunday of the Gregorian calendar, the 2023rd year of the Common Era (CE) and Anno Domini (AD) designations, the 23rd year of the 3rd millennium and the 21st century, and the 4th year of the 2020s decade.
2023—Silicon Valley Bank collapses due to a run on its deposits, in the second largest bank failure in US history. Its operations are taken over by the FDIC.
American commercial bank
Silicon Valley Bank (SVB) is a commercial bank division of First Citizens BancShares. S. states and over a dozen international jurisdictions.