The German Federal Financial Supervisory Authority (BaFin) ordered the US-based #SiliconValleyBank (#SVB) to halt the operations of its Germany branch.
SVB, previously the 16th largest bank in the US that had been operational for 40 years, collapsed last week. pic.twitter.com/79vr1rmSe5— IANS (@ians_india) March 14, 2023
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