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Saved by the Feds? US government steps in to help customers of Silicon Valley Bank

Judith SegaloffMarch 13, 2023

“It is still in receivership. But it is backed by money, so people are guaranteed their assets. People are back in business and now have access to all, not just a portion, of their money,” explained Itay Frishman at the Ramat Gan-based Meitar law firm

Silicon Valley Bank headquarters and branch in Santa Clara, Calif. Credit: Sundry Photography/Shutterstock.

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