You Searched For "svb bailout" and got 19 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
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. …
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
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
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
3 mins read
Relax, SVB's implosion is nothing like the 2008 financial crisis, and the economy will be fine
If the US enters a recession this year, SVB's collapse won't be the reason why. It's very different…
Jacob Zinkula
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
1 min read
'Big Short' investor Danny Moses says the SVB crisis is speeding up the US economic slowdown
Danny Moses warned of the trouble that lies ahead for regulators following SVB's collapse, adding t…
Zahra Tayeb
1 min read
The Fed will be forced to surrender on rate hikes after SVB's failure, says top economist Mohamed El-Erian
A plunge in the 2-year Treasury yield following SVB's meltdown suggests market expectations that th…
Zahra Tayeb
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
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
3 mins read
Silicon Valley Bank crisis: Everything you need to know about SVB Financial as regulators shut down the bank
Turmoil at the little known Silicon Valley Bank is dragging on some of the US's best-known blue-chi…
George Glover
2 mins read
Citadel boss Ken Griffin thinks SVB's rescue package shows US capitalism 'breaking down before our eyes'
Citadel boss Ken Griffin said US capitalism is "breaking down before our eyes," citing regulators' …
Zinya Salfiti
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
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
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
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 …