Security guards and FDIC representatives open a Silicon Valley Bank (SVB) branch for customers at SVBs headquarters in Santa Clara, California, on March 13, 2023. - US President Biden sought to reassure Americans over the country's banking system on Monday, while insisting emergency measures would not be paid for by taxpayers, as additional banks came under stress following the collapse of Silicon Valley Bank last week, the second largest bank failure in history, and New York regulators took control of Signature Bank on Sunday. (Photo by NOAH BERGER / AFP) (Photo by NOAH BERGER/AFP via Getty Images)Photo: Getty Images