Showing results for "#Silicon Valley Bank"
Indifferent attitude: Danger of forgetting the 2023 banking crisis
The mini-crisis of March 2023 was much more than a footnote in banking history. We cannot afford to bury it.
Not buying central banks’ favourite excuse
A single bank’s aberrant behavior or one-off failures of supervision cannot explain such vulnerabilities, which are systemic.
Silicon Valley Bank’s new owner lays off about 500 staff
The SVB became the largest bank to fail since the 2008 financial crisis.
Stock markets nervous about Fed pivot and banking sector
The Fed raised interest rates by a quarter of a percentage point and signaled it may pause further increases, giving officials time to assess the...
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...
