Odaily Planet Daily News: Hours before the Federal Deposit Insurance Corporation (FDIC) took over, Silicon Valley Bank (SIVB) was scheduled to distribute year-end bonuses to US employees on Friday (March 10). The payment was for work completed in 2022 and was already being processed a few days before the bank collapsed. (CNBC)
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Silicon Valley Bank employees received their year-end bonuses hours before FDIC takeover on Friday
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