Silicon Valley Bank Collapse: Client Alert Digest

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Summary

This client alert digest discusses the initial government response to the Silicon Valley Bank (SVB) collapse. On March 10, 2023, California financial regulators took possession of SVB, a key lender supporting California startup corporations. SVB's collapse was sudden and sent shock waves across the financial industry. Two days after the collapse, Federal regulators announced new measures to protect SVB's customers and the banking system. This client alert digest includes links to law firm client alerts and related content in Practical Guidance.