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US Govt vows to make all Silicon Valley Bank depositors whole

‘It’s a weight off their shoulders,’ Icehouse Ventures CEO Robbie Paul says of the $100m he estimates is connected to NZ startups.

Secretary of the Treasury Janet Yellen.

Will Mace Mon, 13 Mar 2023
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

All depositors in the failed Silicon Valley Bank will have access to all of their money starting Monday, March 13, US time, according to a recently released statement from the heads of the US Treasury, Federal Reserve, and the Federal Deposit Insurance Corporation (FDIC).

“After receiving a

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Will Mace Mon, 13 Mar 2023
Contact the Writer: william@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

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US Govt vows to make all Silicon Valley Bank depositors whole
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