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A. March 10, 2023
B. March 09, 2023
C. March 12, 2023
D. None of these

Submitted by: AGHA HASEEB TAREEN

Silicon Valley Bank (SVB) was shut down in March 2023 by the California Department of Financial Protection and Innovation. Based in Santa Clara, California, the bank was shut down after its investments greatly decreased in value and its depositors withdrew large amounts of money, among other factors.

Correct Answer: March 10, 2023

Last Updated: April 02, 2023