Showing results for "#Silicon Valley Bank"
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...
US bails out SVB customers as second bank fails
In a related action, the government shut down Signature Bank, a regional bank that was teetering on the brink of collapse in recent days, CNN...
HSBC acquires Silicon Valley Bank UK
In a statement, HSBC says the transaction "completes immediately". The acquisition will be funded from existing resources, the Guardian reported.
US, UK try to stem fallout from Silicon Valley Bank collapse
The UK Treasury and the Bank of England announced early Monday that they had facilitated the sale of Silicon Valley Bank UK to HSBC, Europe’s biggest...
Efforts taken to prevent crisis from Silicon Valley Bank collapse
U.S. regulators worked through the weekend to find a buyer for the bank, which had more than $200 billion in assets and catered to tech startups,...
Biden tells US to have confidence in banks after 2 collapse
U.S. regulators closed the Silicon Valley Bank on Friday after it experienced a traditional bank run, where depositors rushed to withdraw their funds...
USD sags as US banks' collapse has markets wagering on no Fed hike
Over the weekend, U.S. authorities launched emergency measures to shore up banking confidence.
Biden seeks to show stability in bid to avert banking chaos
Biden argued that without the far-reaching 2010 banking overhaul known as Dodd-Frank, financial institutions would continue to gamble with consumers’...