FDIC says SVB customers with deposits above $250K will get "an advance dividend within the next week"; many SVB clients need to meet their payroll on March 15 (Dan Primack/Axios)
Dan Primack / Axios:
FDIC says SVB customers with deposits above $250K will get “an advance dividend within the next week”; many SVB clients need to meet their payroll on March 15 — The U.S. government on Friday assumed control of Silicon Valley Bank and its billions of dollars in customer deposits …
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