You Searched For "Bailout" and got 19 results
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2 mins read
Marc Andreessen says student loan forgiveness is a 'bailout.' Ben Horowitz thinks college is mostly 'a scam.'
Marc Andreessen and Ben Horowitz spoke at length in a podcast about American higher education and s…
Kali Hays
1 min read
HSBC acquires UK arm of Silicon Valley Bank for £1
HSBC says that the transaction "completes immediately" and will be funded from existing resources. …
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
Wall Street reacts to Silicon Valley Bank's bailout
The initial reaction to the bailout of Silicon Valley Bank has not been kind to regional banks, whi…
Dan DeFrancesco
1 min read
Argentina plans to repay some yuan borrowings from Chinese currency swap using IMF bailout money
Argentina is expected to pay the equivalent of $1.7 billion to China's central bank as soon as this…
Filip De Mott
3 mins read
Tough times ahead for Pakistan as talks with IMF fails over bailout package
Pakistan is seeking a USD 7 billion bailout package from the IMF to prevent the collapse of the eco…
ANI
4 mins read
Republicans are slamming the bailout of Silicon Valley Bank's customers, saying it's a giveaway to the rich
GOP lawmakers called out the federal bailout as an effort to help wealthy depositors, rather than p…
Ayelet Sheffey,Juliana Kaplan
2 mins read
The Silicon Valley Bank crisis is 'clearly' a bailout, says former FDIC chairman William Isaac
"It's not a bailout of the shareholders. They're getting wiped out. That's great, and they should b…
Cheryl Teh
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
2 mins read
Billionaire investor Bill Ackman says SVB was not a bailout: 'The people who screwed up will bear the consequences'
'Our gov't did the right thing. This was not a bailout in any form' he said, in support of the gove…
Huileng Tan
2 mins read
UBS acquiring Credit Suisse is 'no bailout' says Swiss finance minister but top economist Mohamed El-Erian disagrees
UBS struck a $3.25 billion Swiss government-brokered deal to acquire its troubled peer Credit Suiss…
Huileng Tan
3 mins read
Americans broadly support Biden bailing out Silicon Valley Bank even if Washington can't agree if it was a bailout: poll
For now, polling suggests that there is no broader partisan split on the Biden administration's act…
Brent D. Griffiths
3 mins read
Warren Buffett has weighed in on bank runs, bailouts and the dangers of insuring deposits. Here are 9 quotes that shed light on today's banking crisis.
Buffett has explained how to calm bank panics, warned that government guarantees distort markets, a…
Theron Mohamed
1 min read
Russian cuts to gas supplies force German utility Uniper to seek government bailout
German-based Uniper already faced a cash crunch before Russia invaded Ukraine and shook energy mark…
Brian Evans
2 mins read
Billionaire investor Bill Ackman calls on the US government to consider a bailout of Silicon Valley Bank if private investors won't step up
SVB Financial Group shares closed 60% lower on Thursday even as CEO Greg Becker tells investors to …
Huileng Tan
2 mins read
Warren Buffett had at least 3 chances to bail out Lehman Brothers before it collapsed. Here's why he didn't take them.
The billionaire boss of Berkshire Hathaway analyzed the ailing Wall Street bank and spotted a bunch…
Theron Mohamed
2 mins read
FTX files for bankruptcy and Sam Bankman-Fried steps down as CEO after crypto exchange fails to secure bailout
The crypto exchange filed for Chapter 11 bankruptcy and said John J. Ray III has been appointed as …
Phil Rosen
2 mins read
A Voyager investor says the FTX meltdown puts the bankrupt crypto lender's bailout in jeopardy, with $1.3 billion of customer assets on the line
FTX US was set to buy Voyager's assets, but now Sam Bankman-Fried's crypto exchange is in turmoil. …