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1. www.cbsnews.com › pittsburgh › newsHow Pennsylvania banks compare to Silicon Valley Bank

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   Mar 13, 2023 · In other words, nearly all the money there is under the $250,000 FDIC threshold. At Pennsylvania's largest bank and America's sixth-largest, Pittsburgh-based PNC Bank, the figure is 55%. SVB was ...

   • Works For: CBS News Philadelphia

   • Video Duration: 2 min

2. www.cnn.com › business › live-newsThe latest on the Silicon Valley Bank collapse - CNN

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   Mar 14, 2023 · A woman walks past the U.S. Department of Justice Building, in Washington, DC, in December 2020. (Al Drago/Reuters) The US Justice Department is investigating the collapse of Silicon Valley Bank ...

3. People also ask

   What is Pennsylvania's equivalent to Silicon Valley Bank?

   • Pennsylvania's equivalent to the California agency that worked with federal regulators to close Silicon Valley Bank told CBS News in a statement Monday that it "carefully monitors and examines all 104 Pennsylvania chartered banks for capital adequacy, asset quality, management, earnings, liquidity and sensitivity."

   How Pennsylvania banks compare to Silicon Valley Bank

   www.cbsnews.com/pittsburgh/news/how-pennsylvania-banks-compare-to-silicon-valley-bank/

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   Why is Silicon Valley Bank in trouble now?

   • People walk through the parking lot at the Silicon Valley Bank headquarters in Santa Clara, Calif., on March 10, 2023. The bank suffered a run on deposits that led to its collapse. So why is the bank in trouble now? Silicon Valley's business boomed as tech companies did well during the pandemic.

   What to know about the spectacular collapse of Silicon Valley Bank - NPR

   www.npr.org/2023/03/10/1162599556/silicon-valley-bank-collapse-failure-fdic-regulators-run-on-bank

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   What happened to Silicon Valley Bank & Signature Bank?

   • The Federal Deposit Insurance Corp. (FDIC) headquarters in Washington, DC, on Monday, March 13. (Al Drago/Bloomberg/Getty Images) Here’s where things stand for customers and employees of Silicon Valley Bank and Signature Bank, both of which failed this week and were promptly taken over by the FDIC.

   The latest on the Silicon Valley Bank collapse - CNN International

   edition.cnn.com/business/live-news/silicon-valley-bank-collapse-updates-03-14-23/h_f815999e4a398963b9ed6f0044274cf4

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   Did a Silicon Valley lender collapse after a run on the bank?

   • A Silicon Valley lender collapsed after a run on the bank. Here's what to know A customer stands outside of the shuttered Silicon Valley Bank headquarters in Santa Clara, Calif., on March 10, 2023. The lender was taken over federal regulators on Friday, marking one of the largest bank failures since the 2008 Global Financial Crisis.

   What to know about the spectacular collapse of Silicon Valley Bank - NPR

   www.npr.org/2023/03/10/1162599556/silicon-valley-bank-collapse-failure-fdic-regulators-run-on-bank

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4. triblive.com › local › regionalWhat went wrong: Pittsburgh experts explain failures of ...

   triblive.com › local › regional

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   Mar 14, 2023 · What went wrong: Pittsburgh experts explain failures of Silicon Valley, Signature banks Stephanie Ritenbaugh Tuesday, March 14, 2023 4:01 a.m. | Tuesday, March 14, 2023 4:01 a.m. Go Ad-Free Today!

5. edition.cnn.com › business › live-newsWhat the FDIC takeovers of Silicon Valley Bank and Signature ...

   edition.cnn.com › business › live-news

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   Mar 14, 2023 · Both SVB and Signature were FDIC-insured. That means the FDIC insures up to $250,000 per depositor for each account ownership category. Some customers may be insured for more than $250,000 if they ...

6. Videos

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     How Pennsylvania banks compare to Silicon Valley Bank

     Mar 12, 2023

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     Here's how Silicon Valley Bank collapsed in 48 hours

     Mar 13, 2023

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     How Pennsylvania banks compare to Silicon Valley Bank

     Mar 13, 2023

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7. www.npr.org › 2023/03/10 › 1162599556A Silicon Valley lender collapsed after a run on the bank ...

   www.npr.org › 2023/03/10 › 1162599556

   Mar 10, 2023 · Here's what to know. A customer stands outside of the shuttered Silicon Valley Bank headquarters in Santa Clara, Calif., on March 10, 2023. The lender was taken over federal regulators on Friday ...

8. triblive.com › business › silicon-valley-bank-seizedSilicon Valley Bank seized by U.S. after historic failure

   triblive.com › business › silicon-valley-bank-seized

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   Mar 10, 2023 · NEW YORK — The U.S rushed to seize the assets of Silicon Valley Bank on Friday after it experienced a run on the bank, the largest failure of a financial institution since Washington Mutual ...

9. triblive.com › news › wire-storiesSilicon Valley Bank collapse: What you need to know

   triblive.com › news › wire-stories

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   Mar 13, 2023 · Over the last three days, the U.S. seized the two financial institutions after a bank run on Silicon Valley Bank, based in Santa Clara, California. It was the largest bank failure since Washington ...