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Zenger
Zenger
Business
Alberto Arellano

The DOJ And The SEC Probing The Investigations Of The Collapse Of Silicon Valley Bank

Silicon Valley Bank SEC DOJ SVB Greg Becker Gregory Becker SVB Financial Signature Bank Bonds Cryptocurrency
People wait for service outside Silicon Valley Bank in Menlo Park, Calif. SVB collapsed on Friday that was taken over by the California Department of Fiancial Protection and Innovation as they appointed the Federal Insurance Deposit Corporation (FDIC) as the receiver. JOHN BRECHER/GETTY IMAGES

The Justice Department and the Securities and Exchange Commission are investigating the collapse of Silicon Valley Bank in separate probes, according to people familiar with the matter.

The investigations from both departments are currently in the preliminary phases of examining the collapse.

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