Silicon Valley Bank, founded in 1983 ... March 13, the FDIC said in a statement. Meanwhile, uninsured depositors will receive "an advance dividend within the next week," as well as a receivership ...

California's banking regulators shut down Silicon Valley Bank and put it into receivership ... tools to address this type of event," the statement said.

Silicon Valley Bank's headquarters in Santa Clara ... Federal Reserve and Federal Deposit Insurance Corporation said in a joint statement. The FDIC usually only insures $250,000 per account ...

Silicon Valley Bank (SVB), the 16th-largest U.S. bank with ... The FDIC, Federal Reserve and Department of the Treasury said in a joint statement on Sunday that the U.S. will guarantee the ...

What is Silicon Valley Bank? Established in 1983 ... according to financial statements. Deposits ballooned from $62 billion to $198 billion over that period, as thousands of tech startups parked ...