Silicon Valley Bank has deleted their Twitter account

It appears Silicon Valley Bank has reportedly deleted their Twitter account.

There website was also down:

The Treasury says it sees some institutions with issues similar to Silicon Valley Bank, per Bloomberg.

Additionally a US Treasury official says this situation is not 2008 and firms are not being bailed out.

Today, Federal Reserve announces new emergency bank term funding program.

The Federal Reserve board on Sunday announced it will make available additional funding to eligible depository institutions to help assure banks have the ability to meet the needs of all their depositors.

Read more: https://unusualwhales.com/news/the-treasury-says-it-sees-some-institutions-with-issues-similar-to-silicon-valley-bank