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6 mins read
Some techies are leaving cushy Silicon Valley jobs to launch startups at home in India
Many leave cushy Big Tech salaries because they no longer want to watch the booming entrepreneurshi…
Shubhangi Goel,Charissa Cheong
6 mins read
How startups can get in top shape for an IPO, according to Silicon Valley lawyer Louis Lehot
With the IPO market set to rebound, startups should make certain hires and enhance financial transp…
Alistair Barr
2 mins read
Silicon Valley billionaires press pause on plans for $800 million utopian city amid growing tensions with county
The Silicon Valley billionaires backing a utopian housing development in the Bay Area announced a d…
Erin Snodgrass
5 mins read
From Wall Street to Silicon Valley, AI specialists are a hot commodity
AI might ultimately take all our jobs. But right now, it's minting plenty of high-paying roles.
Dan DeFrancesco
1 min read
First Citizens Bank reaches deal to purchase deposits, loans of Silicon Valley Bank
"Customers of Silicon Valley Bridge Bank, National Association, should continue to use their curren…
2 mins read
Silicon Valley Bank's new CEO urges depositors to bring back their money
Tim Mayopoulos, new CEO of collapsed Silicon Valley Bank (SVB), has urged depositors to return with…
5 mins read
Inside Wall Street's efforts to value OpenAI: Who's involved, how it could work, and what's at stake for the banks
Valuing OpenAI will be a stressful, drawn-out process with little to no financial gain for Wall Str…
Reed Alexander
2 mins read
Foreign investors remain net buyers in Indian stocks sixth straight month
The latest fund inflows started after the recent banking crisis in the US, leading to the Silicon V…
ANI
2 mins read
US Fed says it failed to take forceful action on Silicon Valley Bank
The US Federal Reserve said that it failed to act with "sufficient force and urgency" in its oversi…
1 min read
Indian banks' credit profiles well placed to weather global banking sector stress: Moody's
The credit quality of Indian banks and non-bank financial institutions will remain resilient despit…
ANI
2 mins read
The IMF warns of bond market risks amid fears of a Silicon Valley Bank repeat
The IMF called for regulators to increase their scrutiny of the financial sector, as higher yields …
Filip De Mott
4 mins read
I left Silicon Valley for a dream job in Chicago. I wasn't prepared for how crushing the loneliness could be.
Jaime Muñoz left the Silicon Valley start-up hub for a fintech job in Chicago, hoping to get in ear…
Charissa Cheong
2 mins read
US bank SVB taken over is largest failure since 2008
US regulators have shut down Silicon Valley Bank (SVB) and taken control of its customer deposits i…
4 mins read
Why Silicon Valley Bank failed
Wondering what happened at Silicon Valley Bank? SVB's recent actions are partly to blame, but the s…
Matt Turner
2 mins read
UBS completes Credit Suisse acquisition to become a banking behemoth
Swiss bank UBS on Monday said it has completed the acquisition of troubled rival Credit Suisse. …
2 mins read
Silicon Valley is turning on its bank
Silicon Valley Bank suffered big losses on its bond holdings. That's sparked concern among the bank…
Samantha Stokes,Ben Bergman,D…
2 mins read
Fast cross-border payments to make it difficult to check money laundering, terror funding: Fed official
The US Fed official overseeing payment systems said slowing down the speed at which payments are cl…
PTI
2 mins read
After US bank failures, agencies directed to analyse deposit insurance mechanism
Following the failures of a few US banks, Federal Deposit Insurance Corporation (FDIC) Chairman Mar…
ANI
1 min read
First Citizens buys Silicon Valley Bank
The deal includes the purchase of about $72 billion of Silicon Valley Bridget Bank assets at a disc…
Huileng Tan
2 mins read
Existing startup founders will struggle even to get existing capital: Sopnendu Mohanty of Singapore Monetary Authority
Silicon Valley Bank's abrupt collapse - which unfolded in a matter of hours earlier last week - has…