Showing results for "#Silicon Valley Bank"
Swiss giant UBS in talks to take over all or part of Credit Suisse
The Financial Times reported that the boards of the two banks are set to meet separately over the weekend in talks initiated by the Swiss National...
Credit Suisse intends to borrow up from Swiss National Bank
The planned move came after Swiss regulators pledged a liquidity lifeline to Credit Suisse in an unprecedented move by a central bank after the...
Banking fears spread across global markets
Wall Street continues to grapple with banking tumult domestically, after the collapse of Silicon Valley Bank and Signature Bank rocked markets last...
Indian startups able to withdraw up to $300mn from SVB: Report
The Financial Express reported, citing sources, that homegrown startups have processed fund transfers "worth $250-300 million in the past 24 hours".
London stocks fall as Prudential drops, spring budget in focus
The blue-chip FTSE 100 lost 0.4% by 0823 GMT, trading in the red after jumping more than 1% on Tuesday. Prudential fell 4.3%.
Bring back your money, new Silicon Valley Bank CEO urges depositors
"There's no safer place in the United States, or any bank in the United States, for deposits and the newly-formed SVB Bridge Bank is "not even subject...
US watching developments at First Republic, other banks: White House
The White House, which has railed against excessive concentration in other U.S. sectors, is also keeping close watch to see if there are outflows of...
Washington reacts on the fly to Silicon Valley Bank failure
Silicon Valley Bank wouldn’t be the only bank to collapse. By Sunday evening, federal officials announced that New York-based Signature Bank, a major...