Here's how SVB's collapse is reverberating around the world

Silicon Valley Bank became the biggest US lender to fail in more than a decade, creating fears of contagion in tech and finance sectors in the US and around the world. 
Destroyed Silicon Valley Bank logo is seen in this illustration taken March 13, 2023. | Photo: Dado Ruvic/Reuters/Ritzau Scanpix
Destroyed Silicon Valley Bank logo is seen in this illustration taken March 13, 2023. | Photo: Dado Ruvic/Reuters/Ritzau Scanpix
By Bloomberg News

US regulators took extraordinary measures to shore up confidence in the financial system, part of a frantic weekend that saw the surprise closure of New York’s Signature Bank along with mounting concerns about spillover effects to other regional lenders and the wider economy.

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