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
29 May 2023 11:00 AM ISTA 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
26 May 2023 8:25 AM ISTThe SVB became the largest bank to fail since the 2008 financial crisis.
Stock markets nervous about Fed pivot and banking sector
4 May 2023 9:16 AM ISTThe Fed raised interest rates by a quarter of a percentage point and signaled it may pause further increases, giving officials time to assess the...
SaaS firm Icertis retrenches staffers despite raising funds
20 Jan 2023 11:46 PM ISTAs last reported, Icertis had more than 2,400 employees globally. In October last year, Icertis secured $150 million in funding consisting of a...
Silicon Valley Bank scrambles to reassure clients after stock wipe-out
10 March 2023 8:27 AM ISTSVB Financial Group (SIVB.O) scrambled to reassure its venture capital clients their money was safe after a capital raise led to its stock collapsing...
SVB slump roils global financial stocks
11 March 2023 10:27 AM ISTShares 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...
I am open to buy collapsed Silicon Valley Bank: Elon Musk
11 March 2023 12:41 PM ISTSilicon Valley Bank was the US's 16th largest bank, with a total of 17 branches in California and Massachusetts.