[1/2] SVB (Silicon Valley Bank) logo is seen through broken glass in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/IllustrationMarch 10 (Reuters) - Shares of U.S. banks extended recent losses on Friday, with regional banks the hardest hit, as the failure of SVB Financial Group (SIVB.O) reverberated across the financial industry. A California banking regulator on Friday closed SVB, putting the tech-heavy lender into receivership in the largest bank failure since the 2008 financial crisis. While SVB's stock was halted on Friday, shares of other mid-sized U.S. banks added to recent, heavy losses. The S&P 500 regional banks index (.SPLRCBNKS) dropped 6%, bringing its loss this week to 20%, its worst week since 2009.

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