"Silicon Valley Bank Collapse Raises Concerns About Retirement Account Safety"

Depositors of Silicon Valley Bank are feeling the pain of its collapse, with some losing millions of dollars. The bank, which specialized in serving tech startups and venture capitalists, was closed by regulators in March due to its high concentration of risky loans. The FDIC has taken over the bank's assets and liabilities, but some depositors may still face losses as the agency works to sell off the bank's assets.