Credit Suisse lifeline, First Republic rescue: What you need to knowCredit Suisse saw more than $450 million in net outflows from its U.S. and European managed funds from Monday to Wednesday, Morningstar Dir...
18 Mar, 2023, 03.51 PM IST
‘A huge disruption’: Startups worldwide gird for life after SVBStartups from Silicon Valley to London, Tel Aviv and tech hubs across Africa depended on SVB as a one-stop shop for everything from holding...
15 Mar, 2023, 05.29 PM IST
Europe's bank shares plunge, bonds rally despite SVB rescue effortMuch will depend on what U.S. consumer price figures reveal on Tuesday, with an obvious risk that a high reading will pile pressure on the ...
13 Mar, 2023, 06.12 PM IST
SVB-Signature Bank Collapse: How India handled 4 bank failures in last 20 yearsIndian regulators too were on the edge when similar incidents raised concerns over the health of the financial systems. Below is a brief hi...
13 Mar, 2023, 04.10 PM IST
Sensex plummets over 2,100 points in 3 days! Key factors behind the crashThe Indian stock market has crashed after the failure of Silicon Valley Bank and Signature Bank in the US. This has caused global equity ma...
13 Mar, 2023, 04.03 PM IST
SVB exposure leaves investors in this Jhunjhunwala stock worried, share prices down 7%The bank had $209 billion in assets and about $175.4 billion in deposits as of December 2022. The main office and all branches of it will r...
13 Mar, 2023, 12.24 PM IST
Silicon Valley Bank collapse: More than 400 VC funds issue statement supporting SVBThe venture capital firms that co-signed the statement include Accel, Y Combinator, Sequoia Capital, General Catalyst and Matrix Partners, ...
13 Mar, 2023, 12.23 PM IST
Nazara Tech says subsidiaries hold cash worth Rs 64 crore in SVBThe Mumbai-based company adds it has funds of over Rs 600 crore, excluding that held in the US bank.
12 Mar, 2023, 10.46 PM IST
Silicon Valley Bank collapse: top developments so farSilicon Valley Bank (SVB) — a prominent tech-focused bank managing funds of close to about 40% of US startups — was shut down by a Californ...
12 Mar, 2023, 11.21 AM IST
SVB shutdown sends shockwaves through Silicon Valley as CEOs race to make payrollOn Friday, tech CEOs scrambled to make payroll after SVB Financial Group was shuttered by California banking regulators in a bid to protect...
11 Mar, 2023, 08.34 PM IST
SVB fully exited Paytm by selling stake to private investors, clarifies Vijay Shekhar SharmaAccording to Sharma's tweets, SVB had a total investment of $1.7 million in One 97 Communications and they exited fully with handsome retur...
11 Mar, 2023, 05.02 PM IST
Silicon Valley Bank collapse: extinction level event for startups, says YC president Garry Tan30% YC companies exposed to the troubled bank and won't be able to make payroll in next 30 days, said Garry Tan
11 Mar, 2023, 11.06 AM IST
US government shuts Silicon Valley Bank; Indian SaaS firms mull options to transfer depositsAs the Silicon Valley Bank (SVB) shut operations, venture capital funds checked in with homegrown startups, especially those headquartered ...
11 Mar, 2023, 09.56 AM IST
Sensex ends 671 points lower: 7 key factors behind today’s selloffAdani stocks traded mixed today but Nifty stock Adani Enterprises ended 2.9% lower at Rs 1,896.45. Adani Wilmar ended 4.5% lower while NDTV...
10 Mar, 2023, 03.47 PM IST
"Accident" waiting to happen somewhere, says Uday Kotak on SVB crisis"This impacted sentiments, and banking stocks took a beating on concerns that rising interest rates might trigger loan repayment defaults. ...
10 Mar, 2023, 01.19 PM IST
Nifty Bank plunges over 850 points after SVB's rout on Wall StreetNifty Bank was trading at 40,551.60 at 10:10 am and was down by 705.15 points or 1.71%. All 12 stocks in the index were in the red. While P...
10 Mar, 2023, 10.57 AM IST
Fry-Day for Bulls! Sensex tanks over 800 points; Nifty below 17,400From the Sensex pack, ICICI Bank, Bajaj Finance, L&T and Bajaj Finserv were the top losers, falling over 1.5%. Tech Mahindra, HDFC bank, In...
10 Mar, 2023, 10.13 AM IST