Gov. Maura Healey’s administration says Massachusetts could be “uniquely impacted” by the failure of Silicon Valley Bank due to its focus on lending to tech and health startups. Read more in this morning's WBUR Today.
that they’ll fully protect all deposits at Silicon Valley Bank and people will have access to all their money when it reopens this morning.
The local angle: Gov. Maura Healey’s administration said Sunday that Massachusetts could be “uniquely impacted” by the failure of Silicon Valley Bank . That’s because of the local concentration of tech and health startups, which CVB was . “Silicon Valley Bank is just very tightly knit into the Boston startup community,” Stephanie Roulic, the founder of Startup Boston, told WBUR’s Amy Sokolow., Healey said her administration has “confidence in the strength of our regional banks and banking operations.”a 2018 law rolling back regulations for small and mid-sized banksWhile the MBTA has lifted the systemwide speed restrictions it imposed on all lines late last week, the agency is warning riders that.
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