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Silicon valley bank workers were paid bonuses just hours before it collapsed, report says

CNBC reported that employees received their annual bonuses on Friday, just hours before regulators shut down America's 16th-largest bank....

March 12, 2023, 6:25 am

Regulators urged to find silicon valley bank buyer as industry frets about fallout

By Lananh Nguyen and Pete Schroeder NEW YORK (Reuters) – Some financial industry executives and investors were growing increasingly concerned on Sat...

March 12, 2023, 5:06 am

Us weighs new fund to backstop deposits if more banks fail, bloomberg news says

(Reuters) – The U.S. Federal Reserve and the Federal Deposit Insurance Corp are weighing the creation of a fund that would allow regulators to backs...

March 12, 2023, 1:36 am

Fed in talks to create a fund to backstop deposits if more banks fail - report

The FDIC and Federal Reserve is mulling a fund that would allow regulators to backstop more deposits at banks that run into trouble, ...

March 12, 2023, 1:09 am

Regulators urged to find silicon valley bank buyer as industry frets about fallout

Some financial industry executives and investors were growing increasingly concerned on Saturday that the collapse of Silicon Valley Bank could have a...

March 12, 2023, 12:03 am

Uk finance minister and bank of england work to contain svb fallout

LONDON (Reuters) -Britain’s finance ministry and the Bank of England are working to minimize the disruption that could arise from a collapse of the ...

March 11, 2023, 10:36 pm

Y combinator calls on congress to act on svb collapse

The investor called on Congress to act more decisively to save SVB after it was taken over by regulators on Friday....

March 11, 2023, 7:10 pm

Etsy, bill.com, and others disclose svb exposure

The online marketplace and the software firm joined other companies citing deposits held at Silicon Valley Bank, which regulators closed on Friday....

March 11, 2023, 6:40 pm

What the svb financial collapse means for u.s. banks

Financial regulators closed the nation's 16th largest bank, a mere two days after the company raised capital and sold assets below cost. The FDIC's sw...

March 11, 2023, 5:53 pm

Svb is now in the hands of fdic. here's how the agency works.

Regulators shut the bank down on Friday, appointing the FDIC to take over the business....

March 11, 2023, 5:11 pm

Marketwatch: silicon valley bank staff offered 45 days of work at 1.5 times salary by fdic

Staff of Silicon Valley Bank were offered 45 days of employment at 1.5 times their salary by the Federal Deposit Insurance Corp, the ...

March 11, 2023, 4:03 pm

Regulators are requesting svb employees to stay on for the next 45 days

Founders and venture capitalists aren't the only ones experiencing volatility right now: Silicon Valley Bank employees are seeing their jobs in flux a...

March 11, 2023, 3:24 pm

Silicon valley bank staff offered 45 days of work at 1.5 times salary – fdic email

By Lananh Nguyen and Pete Schroeder NEW YORK (Reuters) – Employees of Silicon Valley Bank were offered 45 days of employment at 1.5 times their sala...

March 11, 2023, 3:06 pm

‘boring' silicon valley bank (svb) isn't to blame. extend fdic coverage to all premium-paying, regulatorily sound banks.

Silicon Valley Bank (SVB) looks to be all that we WANT in a bank - a 'boring,' de facto credit union servicing our economy's most dynamically producti...

March 11, 2023, 2:01 pm

These companies—roku, lendingclub, roblox and more—held major funds in silicon valley bank when it crashed

The California-based bank was closed Friday by the state's financial regulator—the largest to fail since the Great Recession....

March 11, 2023, 12:24 pm

Silicon valley bank staff offered 45 days of work at 1.5 times salary by fdic

Staff of Silicon Valley Bank were offered 45 days of employment at 1.5 times their salary by the Federal Deposit Insurance Corp, the ...

March 11, 2023, 11:03 am

These companies—roku, roblox, circle and more—held major funds in silicon valley bank when it crashed

The California-based bank was closed Friday by the state's financial regulator—the largest to fail since the Great Recession....

March 11, 2023, 10:26 am

Where were the regulators as svb crashed?

Silicon Valley Bank grew too fast using borrowed money—and the risks were lurking in plain sight....

March 11, 2023, 10:22 am

Us closes silicon valley bank in biggest collapse since 2008

US regulators pulled the plug on Silicon Valley Bank on Friday in a spectacular move that sent global banking shares sputtering, as markets fretted ov...

March 11, 2023, 9:19 am

Amazon's drone business can't get off the ground as regulations, weak demand stymie progress

Amazon's drone delivery business has been bleeding cash as it tries to meet regulatory hurdles and incentivizes early customers to submit orders....

March 11, 2023, 9:00 am


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