US govt rules out SVB bailout, wants to avoid 'contagion': Yellen

[Article] Faillite SVB: le gouvernement américain veut éviter la contagion mais écarte un renflouement


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US govt rules out SVB bailout, wants to avoid 'contagion': Yellen.Washington (AFP) - US Treasury Secretary Janet Yellen on Sunday said the government wanted to avoid financial "contagion" from the implosion of the Silicon Valley Bank but ruled out a bailout of the institution.US regulators on Friday...
This article was published Monday, 13 March, 2023 by AFP
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US closes Silicon Valley Bank in biggest collapse since 2008.jpg

US Treasury Secretary Janet Yellen, pictured in Washington in March, said reforms implemented after the 2008 financial crisis meant the government would not bail out the failed Silicon Valley Bank © AFP Brendan SMIALOWSKI


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