You Searched For "SVB collapse" and got 18 results
Sort By:
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
Billionaire investor Bill Ackman says feds 'screwed up' handling of Silicon Valley Bank collapse, warns they have '48 hours to fix a soon-to-be-irreversible mistake'
Ackman criticized the government's lack of intervention in SVB's collapse on Friday, as well as its…
Aaron McDade
2 mins read
Wall Street's 'fear gauge' spikes to a 4-month high as Silicon Valley Bank's collapse spooks markets
The VIX surged more than 20% Monday as investors fretted that SVB's collapse could spark a wider ba…
George Glover
2 mins read
The Fed spotted red flags at Silicon Valley Bank years before it collapsed, report says
Fed officials saw issues in SVB dating back to 2021, when the now-failed bank was found to have "ma…
Jennifer Sor
2 mins read
'Big Short' investor Michael Burry blames SVB's collapse on greed and recklessness - and draws parallels with the dot-com and housing crashes
Michael Burry blasted Silicon Valley Bank's bosses for the lender's failure, and hinted bailouts le…
Theron Mohamed
3 mins read
Nobel economist Paul Krugman says the Silicon Valley Bank collapse has led to 'apocalyptic rhetoric' in markets, but almost none of it is true
Markets are wrong for thinking SVB's fallout and rescue could lead to economic doom and gloom, top …
Jennifer Sor
5 mins read
SVB: What the worst bank failure since 2008 means for markets, the financial sector, and interest rates
Silicon Valley Bank's sudden death has implications for the stock market, the US banking system and…
Zahra Tayeb
2 mins read
Paul Krugman says Silicon Valley Bank could've been called the 'Schmoozing and Vibes Bank,' but it's probably not another 'Lehman moment'
The famed economist said the lender's issues were likely isolated from the wider financial system, …
Ryan Hogg
3 mins read
Silicon Valley Bank's spectacular implosion shows how digital banking can decimate a lender in 24 hours
SVB's customers tried to pull funds at a rate of nearly $500,000 a second Thursday. It shows bank r…
Hasan Chowdhury
1 min read
Silicon Valley Bank insiders borrowed a record $219 million from the lender as its troubles built
In the lead-up to Silicon Valley Bank's failure, directors and other insiders borrowed a record $21…
Zinya Salfiti
1 min read
Stablecoin USDC rises back toward $1 as $3.3 billion in Silicon Valley Bank to be made available following fears uninsured deposits could be lost
It's been a tumultuous week for the world's second-largest stablecoin after one of crypto's key ban…
Morgan Chittum
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…
Sindhu Sundar
3 mins read
Hundreds of startups face a crippling cash crunch and an 'extinction-level event' if no one buys Silicon Valley Bank by Monday
Startup accelerator Y Combinator's CEO Garry Tan said 30% of his companies that banked with SVB wou…
Ryan Hogg
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
2 mins read
Short seller Jim Chanos scoffs at former SVB boss's suggestion that the Fed's sharp policy shift toppled the bank
Famed short seller Jim Chanos scoffed at remarks made by Silicon Valley Bank's ex-CEO that a sharp …
Zinya Salfiti
2 mins read
SVB collapse: Minister Chandrasekhar to meet Indian startups to see how govt can help them
As the collapse of Silicon Valley Bank (SVB) in the US left the Indian startup ecosystem worried, U…
2 mins read
Some Silicon Valley Bank customers are selling their deposits at big discounts to raise cash quickly, reports say
Some startups that banked with SVB are being offered as little as 55 cents on the dollar to sell th…
Ryan Hogg
1 min read
SVB Financial accuses FDIC of 'improper actions' to block the firm from accessing $2 billion of its cash
SVB Financial Group said it can't access $2 billion of its cash deposited at the collapsed Silicon …