Regulators Close Silicon Valley Bank and Signature Bank: Here's What You Need to Know

Last weekend was a wild ride for the banking industry and depositors everywhere.  Silicon Valley Bank experienced an old fashioned “run on the bank” that forced the FDIC to close it on mid-day Friday. Remember Jimmy Stewart in “It’s a Wonderful Life”.  Over the weekend another bank, Signature Bank, was also closed by regulators.  Both of these... Read More