Control of Silicon Valley Bank up for auction as federal officials weigh protecting uninsured deposits after collapse

Silicon Valley Bank's HQ in Santa Clara, California Getty Images An auction of Silicon Valley Bank is underway as feds rush to save the collapsed financial institution. Officials told the Washington Post the government is considering protecting all uninsured depositors. Bids are expected to…#siliconvalleybank #santaclara #treasury #janetyellen #cbsnews

Source: Reuters: Health - March 12, 2023 Category: Consumer Health News Source Type: news