Search For "california department of financial protection and innovation"
First Republic Bank in San Francisco closed by CDFPI
Updated : 3 years ago IST
First Republic Bank in San Francisco, California was closed on Monday by the California Department of Financial Protection and Innovation (CDFPI), which appointed the Federal Deposit Insurance Corporation (FDIC) as a receiver, the FDIC said in a press release.
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Musk says he's open to buying Silicon Valley Bank
Updated : 3 years, 2 months ago IST
His tweet came after the California Department of Financial Protection and Innovation shut down SVB on Friday, less than two days after the bank tried to persuade clients not to pull their money over concerns it was running low on available cash.
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