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Silicon Valley Bank Reportedly Deactivates Twitter Account

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Following its closure last week, Silicon Valley Bank has reportedly deactivated its Twitter Account. Conversely, Twitter user @DrEliDavid reported the bank’s last post regarding their pride in making Forbes annual America’s Best banks for the fifth consecutive year. Alternatively, the financial institution has been auctioned off by the FDIC today. Subsequently, a purchase of the now-collapsed financial institution could arrive by Sunday night. Thus far, The Bank of London has been the only entity publicly reported to submit an official proposal. JUST IN: Silicon Valley Bank $SIVB reportedly deactivated its Twitter account. pic.twitter.com/vTkk1QK3zk — Watcher.Guru (@WatcherGuru) March 12, 2023 SVB Deactivates its Twitter Account The entire financial sector has been struck with panic, as SVB Financial was closed by California regulators last week. Moreover, the collapse signifies the largest bank failure since the 2008 financial crisis. Conver...