Skip to content
Home » Silicon Valley Bank parent company files for bankruptcy; First Republic secures aid

Silicon Valley Bank parent company files for bankruptcy; First Republic secures aid


Silicon Valley Bank parent company files for bankruptcy; First Republic secures aid – CBS News


Watch CBS News



Silicon Valley Bank’s parent company filed for Chapter 11 bankruptcy this morning. Lauren Hirsch, business and policy reporter for The New York Times, joined CBS News to discuss how this move is different from the regional bank’s collapse, and the state of the U.S. banking system in the wake of the First Republic aid package.

Be the first to know

Get browser notifications for breaking news, live events, and exclusive reporting.




Source link

Leave a Reply

Your email address will not be published. Required fields are marked *