You Searched For "svb biden" and got 17 results
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4 mins read
SVB solution ensures taxpayer dollars are not put at risk: President Biden
The US President, Joe Biden, assures the American people and businesses that a resolution of the co…
PTI
2 mins read
Bank stocks are continuing to plunge amid SVB fallout and Biden declaring investors won't be protected
"Investors in the banks will not be protected. They knowingly took a risk," Biden said stockholders…
Carla Mozée
2 mins read
After SVB's collapse, Biden calls on Congress to hold bank executives accountable for failures: 'No one is above the law'
Among other measures, Biden wants to strengthen the FDIC's authority to prohibit executives at fail…
Juliana Kaplan,Ayelet Sheffey
3 mins read
Picking up the pieces in the wake of SVB's collapse
We're more than a week removed from the fall of Silicon Valley Bank. Here's where things stand for …
Dan DeFrancesco
1 min read
'Shark Tank' star Kevin O'Leary says he will never buy a bank stock again as Biden has essentially nationalized the industry post-SVB
"If you thought putting your money into bank stocks was a good idea, you should change your mind th…
Filip De Mott
2 mins read
Stocks on Wall Street battle for direction as SVB's failure ignites fears for banks
The Biden administration and the Federal Reserve said Sunday that the failed bank's customers would…
George Glover
1 min read
European authorities slam 'total and utter incompetence' of US regulators in handling SVB collapse
European regulators blasted the rescue of SVB's depositors, with one policymaker calling the US res…
Jennifer Sor
2 mins read
First Republic leads a comeback for bank stocks that cratered in the SVB-fueled selloff
First Republic and Western Alliance shares are recovering from huge losses thanks to hopes that Sil…
George Glover
2 mins read
Fed Chair Jerome Powell reportedly blocked a statement on regulatory flaws that led to SVB's collapse
Critics have said the downfall of Silicon Valley Bank was partly spurred by a lapse in regulatory o…
Jennifer Sor
2 mins read
California Gov. Gavin Newsom failed to publicly disclose his SVB ties while lobbying for a bailout
Reports link Newsom to the failed SVB through personal accounts, three Newsom-owned wineries, and h…
Mattathias Schwartz
2 mins read
Elizabeth Warren criticizes 'overnight' bailout of SVB customers while leaving 'millions of student loan borrowers in limbo'
Warren blamed a Trump-era bank regulation policy for Silicon Valley Bank's fallout and pointed to t…
Ayelet Sheffey
1 min read
Billionaire investor Ron Baron snaps up more Charles Schwab stock amid the SVB-induced sell-off
Charles Schwab said Monday it had "significant" liquidity, adding that its business was continuing …
Jennifer Sor
3 mins read
Treasury Secretary Janet Yellen said the SVB collapse is 'very different' from the 2008 crisis and that the financial system is 'significantly stronger than it was 15 years ago'
The ghost of 2008's past has been haunting the SVB collapse, but Janet Yellen says it's not the sam…
Juliana Kaplan,Ayelet Sheffey
3 mins read
Regulators need to report SVB executives' potential 'outrageous and indefensible' behavior to Congress to avoid mistakes made after the 2008 financial crisis, 2 top Democrats say
After the abrupt closure and bailout of Silicon Valley Bank, Elizabeth Warren and Richard Blumentha…
Juliana Kaplan,Ayelet Sheffey
1 min read
'Shark Tank' investor Kevin O'Leary says the demise of regional banks has begun after the US set a bad precedent in protecting 'incompetent' SVB management
O'Leary told CNN that he and others "do not want to pay for every idiot banker's mistake," after re…
Carla Mozée
1 min read
Warren Buffett has been talking to the Biden White House about a possible investment in regional banks, report says
The billionaire has had "multiple conversations" with White House officials and offered advice and …
Sam Tabahriti
1 min read
Biden says taxpayers won't bail out Silicon Valley Bank and the people responsible for its collapse will be held accountable: 'No one is above the law'
President Joe Bien said the bank's investors "knowingly took a risk" that didn't pay off and lost t…