Silicon Valley Exhales After US Intervenes In SVB Collapse
By Krystal Hu, Anna Tong, Jeffrey Dastin and Greg Bensinger (Reuters) – A wave of relief swept over Silicon Valley Sunday following a tense weekend of board meetings, emergency funding plans and pleas for help after regulators stepped in to backstop the region’s embattled namesake bank. Banking regulators said Sunday evening that depositors at Silicon…