Thursday, 5 March, 2026
Regulators take control of Silicon Valley Bank's $175B in deposits; Daily Crunch for Mar 10, 2023
By Basit Ansari
<p>Silicon Valley Bank has gone bust, and regulators have taken control of its $175 billion in deposits. In other news, Microsoft is betting on algae to mitigate its carbon footprint, and investor Mark Suster says a handful of bad actors in VC have destroyed Silicon Valley Bank. All this and more in today's Daily Crunch.</p>
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Read full story at Business Today
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