Tag: silicon

Silicon Valley Bank's recent collapse has been likened to a "Twitter-fueled bank run," with depositors resorting to online methods to withdraw their savings. The bank's demise highlights the need for ...

Silicon Valley Bank (SVB), the US’s leading bank for tech startups, collapsed last Friday due to a sudden bank run and capital crisis. It was seized by federal regulators, marking ...

US President Joe Biden delivered a speech reassuring Americans that the banking system is safe, following the collapse of Silicon Valley Bank and Signature Bank. He assured customers that they ...

UK tech firms, including startups, are at risk following the collapse into insolvency of the British arm of Silicon Valley Bank (SVB). The bank has a limited UK presence but ...

Silicon Valley Bank (SVB) reportedly paid out annual bonuses to its employees just hours before it was seized by regulators in March 2023. The Santa Clara-headquartered bank is understood to ...

Defunct crypto lender BlockFi has $227 million worth of uninsured funds allocated to a money market mutual fund (MMMF) offered by Silicon Valley Bank (SVB). However, SVB was shut down ...

US markets experienced a rocky morning on Friday after tech lender SVB Financial Group revealed it needed to sell billions of dollars worth of assets to remedy a funding shortfall. ...

Shares of global banks have witnessed a significant downfall following concerns of bigger issues triggered by the problems in one US bank. The bank shares fell sharply on Monday, 20 ...