"I'm not recommending people get extremely nervous about this situation," said Professor Abol Jalilvand, who teaches finance at Loyola University's Quinlan School of Business.
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"Given the information that we have, I think the situation is very controlled," he said. "The banking industry and financial institutions are well-prepared, they have lots of capital, they can withstand these kinds of thigs."
Locally, Silicon Valley Bank had an office in Loop but it was closed Monday.
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A spokesperson for the Illinois Department of Financial and Professional Regulation said they have been monitoring Illinois banks, releasing a statement saying in part, "At this time, the Department is not aware of concerns about specific institutions in Illinois "
Depositors of the two banks have their accounts of protected by the federal government thanks to protections set in motion after the Great Depression.