Showing results for "#Silicon Valley Bank"
Silicon Valley Bank’s new owner lays off about 500 staff
The SVB became the largest bank to fail since the 2008 financial crisis.
Greg Becker sold $3.5 mn in shares just two weeks before collapse
That same day, the bank's third-in-command CFO Daniel Beck sold $575,180 in stocks, Newsweek reported. Silicon Valley Bank, the once leading tech...
SVB chief pressed US lawmakers to weaken bank risk scrutiny
The bank reportedly did not have a chief risk officer in the months leading up to the collapse, while more than 90 per cent of its deposits were not...
Silicon Valley Bank collapse leaves Indian startups worried
According to recent data by global software-as-a-service (SaaS)-based market intelligence platform Tracxn, SVB had exposure in at least 21 startups in...
I am open to buy collapsed Silicon Valley Bank: Elon Musk
Silicon Valley Bank was the US's 16th largest bank, with a total of 17 branches in California and Massachusetts.
SVB slump roils global financial stocks
Shares in banks have fallen around the world - with the four largest US banks, including JP Morgan and Wells Fargo, losing more than $50bn in market...
Silicon Valley Bank scrambles to reassure clients after stock
SVB Financial Group (SIVB.O) scrambled to reassure its venture capital clients their money was safe after a capital raise led to its stock collapsing...
SaaS firm Icertis retrenches staffers despite raising funds
As last reported, Icertis had more than 2,400 employees globally. In October last year, Icertis secured $150 million in funding consisting of a...
