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
Which companies are affected by Silicon Valley Bank collapse?The collapse also raised concerns that rising interest rates could expose vulnerabilities in the global economy as a decades-long era of ch...
15 Mar, 2023, 04.11 PM IST
Roblox, Buzzfeed, other companies affected by Silicon Valley Bank collapseStartup-focused lender SVB Financial Group last week became the largest bank to fail since the 2008 financial crisis, sending shockwaves th...
14 Mar, 2023, 03.05 PM IST
Why SVB and Signature Bank failed so fast – and the US banking crisis isn't over yetWhile the most common type of risk faced by a commercial bank is a jump in loan defaults – known as credit risk – that’s not what is happen...
14 Mar, 2023, 02.55 PM IST
Apollo eyes Silicon Valley Bank assets as suitors circle $73.6-billion loan bookApollo, one of the world’s largest alternative asset managers, is among other investors looking to buy pieces of Silicon Valley Bank.
14 Mar, 2023, 11.52 AM IST
SVB Financial Group mulls strategic alternativesThe move comes after Californian regulators shuttered the bank following a failed share sale that drained $42 billion in deposits in a sing...
13 Mar, 2023, 06.34 PM IST
Here’s how SVB’s collapse is reverberating around the worldOn Monday, the UK moved quickly to stem fallout by selling SVB’s British unit to HSBC Holdings Plc for £1. Elsewhere companies were tallyin...
13 Mar, 2023, 06.27 PM IST
SVB Financial mulls strategic optionsSVB Capital and SVB Securities are separate divisions of SVB Financial and not part of Silicon Valley Bank, which is undergoing resolution ...
13 Mar, 2023, 06.09 PM IST
How officials, investors and funds are tackling the SVB collapseSVB became the biggest US lender to fail in more than a decade on Friday, after a tumultuous week that saw an unsuccessful attempt to raise...
13 Mar, 2023, 09.24 AM IST
SVB’s research unit expects business to continue as normalSVB became the biggest US lender to fail in more than a decade on Friday, after a tumultuous week that saw an unsuccessful attempt to raise...
12 Mar, 2023, 08.13 PM IST
Silicon Valley Bank staff offered 45 days of work at 1.5 times payWorkers will be enrolled and given information about benefits over the weekend by the FDIC, and healthcare details will be provided by the ...
12 Mar, 2023, 02.56 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
Elon Musk says he is open to buying collapsed Silicon Valley BankUS regulators on Friday shut down SVB and took control of its customer deposits in the largest failure of an American bank since 2008.
11 Mar, 2023, 04.35 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
SVB's demise a sign of worry, but limited contagion risk: analystsFollowing the 2008 demise of Lehman Brothers and the ensuing financial meltdown, US regulators required major banks to hold additional capi...
11 Mar, 2023, 09.54 AM IST
SVB in talks to sell itself, as crisis triggers global banking routShares of SVB Financial Group were halted on Friday after tumbling 66% in premarket trading. SVB, which does business as Silicon Valley Ban...
10 Mar, 2023, 08.17 PM IST
Temasek Holdings to acquire SVB India Finance for Rs 280 croreThe deal creates India’s 2nd homegrown & independent venture debt player after Delhi-based Trifecta Capital, which recently started raising...
22 Jan, 2015, 05.17 AM IST