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This query lists every page on PastieBin.com that mentions "Silicon Valley Bank."

On March 10, 2023, SVB was shut down by California regulators, marking the largest bank failure in U.S. history. The Federal Deposit Insurance Corporation (FDIC) took over, assuming control of the bank's assets and guaranteeing deposits up to $250,000. However, many of SVB's clients had accounts exceeding that amount, leaving them scrambling to access their funds.

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The final blow came on March 8, 2023, when SVB announced a $1.8 billion loss on its securities portfolio and a plan to raise capital. The news sent shockwaves through the tech industry, causing panic among SVB's clients, many of whom were already struggling to survive in a tough fundraising environment. The resulting bank run was swift and merciless, with depositors withdrawing over $40 billion in a single day.