The independent news website of The Kent Stater & TV2

KentWired

The independent news website of The Kent Stater & TV2

KentWired

The independent news website of The Kent Stater & TV2

KentWired

President Joe Biden speaks about the banking system in the Roosevelt Room of the White House on March 13, 2023 in Washington, DC.
(Anna Moneymaker/Getty Images)

Biden emphasizes US banking system is safe after Silicon Valley Bank collapse

CNN– President Joe Biden on Monday underscored that the American banking system remains safe, laying out how his administration is taking action to contain Silicon Valley Bank’s collapse. “Americans...

Takeaways from America’s second-largest bank failure

Ramishah Maruf, CNN March 11, 2023

New YorkCNN — Silicon Valley Bank’s 48-hour collapse led to the second-largest failure of a financial institution in US history. SVB was one of America’s 20 largest commercial banks and is now...

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