Business·Breaking
The Superintendent of Financial Institutions took additional action to protect creditors of the Silicon Valley Bank’s Canadian branch by taking permanent control of its assets, a statement said on Wednesday.
Social SharingRegulator took temporary control on Sunday
Thomson Reuters · Posted: Mar 15, 2023 1:25 PM EDT | Last Updated: 23 minutes ago
Customers wait in line outside a branch of the Silicon Valley Bank in Wellesley, Mass., on March 13. Canada’s banking regulator says it will take permanent control of SVB’s Canadian branch assets. (Brian Snyder/Reuters)
The Superintendent of Financial Institutions took additional action to protect creditors
