Silicon Valley Bank (or SVB) has been closed by regulators, which are now in charge of the bank’s deposits, according to a release sent out by the Federal Deposit Insurance Corporation. SVB’s operations will resume on Monday — this time, with the FDIC in charge and the top priority appears to be giving customers access to their deposits. #techcrunch #technews #siliconvalleybank #svb #siliconvalley #banks #investing #venturecapital #startup #tech