Customers Of Failed Silicon Valley Bank Assured Of Money Safety 

The US government says People and businesses who have money deposited with failed US bank Silicon Valley Bank will be able to access all their cash from Monday. <br />A statement from the US Treasury, the Federal Reserve and Federal Deposit Insurance Corporation said depositors would be fully protected. <br />The statement says the taxpayer will not bear any losses from the move as SVB was shut down by regulators who seized its assets on Friday. <br />The Federal Reserve says it would offer assistance through a new Bank Term Funding Program, making it easier for banks to borrow from it in a crisis.