Valley National Bancorp bidding for Silicon Valley BankThe FDIC which now controls the Silicon Valley Bank assets, when asked for a comment on the report said it is not confirming or commenting ...
26 Mar, 2023, 06.33 AM IST
FDIC to break up SVB, seeks separate sale of private unitIt will seek bids for Silicon Valley Private Bank until March 22 and for the bridge bank until March 24. The private bank, which is housed ...
20 Mar, 2023, 07.08 PM IST
Collapse of Silicon Valley Bank: An opportunity for IFSC, GIFT City?IFSC, GIFT City, which houses many private and public sector banks, global MNC banks, have been in operation for a long time now
15 Mar, 2023, 08.52 PM IST
SVB collapse shows the delusional state of private equity: Nikhil KamathBanking regulators said that SVB depositors would have access to their funds, putting rest to fears that startups would struggle to pay the...
14 Mar, 2023, 03.08 PM IST
SVB contagion: Kotak AMC's Nilesh Shah on 4 reasons why Indian banks are better off than US lendersSecond thing, in case of SVB, deposit outflows moved very-very quickly. SVB was a geographically concentrated bank in Silicon Valley, havin...
14 Mar, 2023, 01.19 PM IST
JPMorgan, PNC among suitors for SVB Financial, reports sayJPMorgan Chase & Co and PNC Financial Service Group Inc are among those in talks about acquiring SVB Financial Group in a deal that would e...
13 Mar, 2023, 12.16 PM IST
Collapse of Silicon Valley Bank to impact Indian startup ecosystem, feel expertsOver the past several years, SVB has been one of the most preferred choices of banking for startups and tech industry in Silicon Valley, ma...
12 Mar, 2023, 01.35 PM IST
SVB's investment banking arm explores buying lender back: ReportSVB Securities Chief Executive Officer Jeff Leerink and his team are seeking help to finance a potential management buyout of the business,...
12 Mar, 2023, 08.08 AM IST
Worry for tech startups after Silicon Valley Bank failureThe company previously boasted that "nearly half" of technology and life science companies that had US funding banked with them, leading ma...
12 Mar, 2023, 08.07 AM IST
Peter Thiel’s Founders Fund withdrew millions from Silicon Valley BankIt joined other venture funds that took dramatic steps to limit exposure to the now-failed financial institution. Founders Fund also advise...
11 Mar, 2023, 11.18 PM IST
SVB’s auction block includes VC-focused lender, wealth unitMajor banks are likely to at least explore purchasing SVB businesses given their manageable size and the attractive client base of tech fir...
11 Mar, 2023, 06.37 PM IST
SVB failure: Things to know about Silicon Valley Bank crisisSVB has business with nearly half of all the US venturebacked startups, and 44% of the US venture-backed technology, healthcare firms that ...
11 Mar, 2023, 10.48 AM IST
How Silicon Valley Bank served the tech industry and beyondAs the world starts to assess the fallout of the biggest bank collapse since the 2008 financial crisis, here are the various ways the bank ...
11 Mar, 2023, 09.34 AM IST
Silicon Valley Bank is largest failure since 2008 crisis, billions strandedThe main office and all branches of Silicon Valley Bank will reopen on March 13 and all insured depositors will have full access to their i...
11 Mar, 2023, 09.34 AM IST
What caused Silicon Valley Bank's failure?SVB announced on Thursday it would sell $2.25 billion in common equity and preferred convertible stock to fill its funding hole. Its shares...
11 Mar, 2023, 08.41 AM IST
Explainer: What is the Silicon Valley Bank crisis all about? Does D-Street need to worryBear rampage saw the stock nosedive 60% in trade on Thursday and wiped out over $80 billion of its market value.Not only the shares, but ev...
10 Mar, 2023, 03.11 PM IST
Silicon Valley Bank crisis: Investor Bill Ackman bats for 'highly dilutive' bailout of bankBill Ackman said that the US government can also guarantee deposits in exchange for a dilutive warrant issuance and other covenants and pro...
10 Mar, 2023, 01.55 PM IST