Breaking News: Major tech lender Silicon Valley Bank fails

View in browser | nytimes.com   BREAKING NEWS Silicon Valley Bank has been put under control of the federal government, becoming the largest bank to fail since the 2008 financial crisis. Friday, March 10, 2023 12:24 PM ET The Federal Deposit Insurance Corporation took control of the assets of the bank, a lender to some of the biggest names in the tech industry. Read more   ADVERTISEMENT You received this email because you signed up for NYTimes.com's Breaking News Alerts. To stop receiving Breaking News Alerts, unsubscribe. To opt out of other promotional emails from the Times, manage your email preferences. Subscribe to the Times Get the NYT app Change Your Email Privacy Policy Contact Advertise California Notice The New York Times Company, 620 Eighth Avenue, New York, NY 10018