Name: Local business still waiting on payment from Etsy following Silicon Valley Bank collapse
Uploaded: 2023-03-14T22:19:40Z
Channel: TEGNA

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> Local business still waiting on payment from Etsy following Silicon Valley Bank collapse

Local business still waiting on payment from Etsy following Silicon Valley Bank collapse

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Regulators rushed Friday to seize the assets of one of Silicon Valley's top banks, marking the largest failure of a U.S. financial institution since the height of the financial crisis almost 15 years ago. Silicon Valley Bank, the nation’s 16th-largest bank, failed after depositors hurried to withdraw money this week amid anxiety over the bank’s health. It was the second biggest bank failure in U.S. history after the collapse of Washington Mutual in 2008. And when that bank collapsed, the consequences were felt across the country. ►Subscribe: https://on.wtsp.com/youtube ►Website: https://www.wtsp.com/ ►Facebook: https://facebook.com/10TampaBay ►Twitter: https://twitter.com/10TampaBay

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WTSP

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