This chart shows how the failures of svb and signature compare with the biggest banking collapses ever

Silicon Valley Bank held $209 billion in assets when it collapsed, according to the FDIC. That makes it...

March 13, 2023, 12:26 pm

Ceo greg becker sold $3.6 million in silicon valley bank (sivb) stock

Last week, the financial world held its breath as SVB Financial's (NASDAQ: SIVB ) principal subsidiary...

March 13, 2023, 12:05 pm

Why is roku stock down today?

Roku (NASDAQ: ROKU ) stock is taking a beating on Monday after it was revealed a large portion of the company's funds were...

March 13, 2023, 10:24 am

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 their money. "That's how capitalism works."...

March 13, 2023, 10:22 am

Why are bank stocks schw, pacw, wal, bac, wfc, cs, gs, ally down today

Many bank stocks are sinking this morning on continued fears about their financial health. The worries are arising despite the U.S. government's decis...

March 13, 2023, 10:09 am

Better robinhood stock: microsoft vs. disney

Microsoft and Disney are both widely held on Robinhood. Microsoft faces a cyclical slowdown this year a...

March 13, 2023, 9:22 am

Charles schwab moves to reassure investors it has plenty of liquidity and business is performing ‘exceptionally well'

Charles Schwab Corp. SCHW, -11.69% moved Monday to reassure investors that it has plenty of liquidity and does not need to sell any of its...

March 13, 2023, 8:58 am

Us regulators act to protect bank system as svb and signature go bust

US president Joe Biden is expected to unveil further measures to prop up the US banking system today after two tech-focused banks were shut down over ...

March 13, 2023, 5:14 am

Silicon valley bank signed exclusive banking deals with some clients, leaving them unable to diversify

Silicon Valley Bank required some clients to agree to exclusivity clauses, disabling them from diversifying where they...

March 12, 2023, 8:21 pm

This week’s menu: march 11 – 17, 2023

Central Banks: Interest rate policy review will be held at the European Central Bank, Bank Indonesia, a...

March 12, 2023, 5:23 pm

Jason isbell, sheryl crow, hayley williams and more to play lgbtq+ benefit

, , , and several other acts are set to perform at a benefit concert for the LGBTQ+ community to be held...

March 12, 2023, 12:00 pm

Iran supreme court upholds death sentence of swedish-iranian dissident – emtedad

DUBAI (Reuters) – Iran’s supreme court has upheld the death sentence handed down to dissident Swedish-Iranian Habib Farajollah Chaab, the Iranian ...

March 12, 2023, 10:21 am

Outbrain issues statement regarding the events surrounding silicon valley bank

NEW YORK, March 11, 2023 (GLOBE NEWSWIRE) — Outbrain Inc. (NASDAQ: OB), a leading recommendation platform for the open web, is providing the followi...

March 11, 2023, 10:07 pm

Etsy, bill.com, and others disclose svb exposure

The online marketplace and the software firm joined other companies citing deposits held at Silicon Val...

March 11, 2023, 6:40 pm

Ventyx biosciences provides update on silicon valley bank financial exposure

ENCINITAS, Calif., March 11, 2023 (GLOBE NEWSWIRE) — Ventyx Biosciences, Inc. (Nasdaq: VTYX) (“Ventyx”), has learned that Silicon Valley Bank (�...

March 11, 2023, 6:21 pm

Key words: “the government has about 48 hours to fix a-soon-to-be-irreversible mistake”: bill ackman warns some businesses may not be able to meet payroll after svb’s failure

Bill Ackman warns some businesses may not be able to meet payroll if they can’t get access to uninsured deposits...

March 11, 2023, 6:02 pm

The case for the federal reserve and us treasury not to intervene in the run on the banks

Here is one side of the argument:

The reality is that the Fed and Treasury have a magic bullet here. They can back up the deposits and with t...

March 11, 2023, 3:12 pm

Libyan elections are possible this year, u.n. envoy says

TRIPOLI (Reuters) – U.N. Libya envoy Abdoulaye Bathily said on Saturday that if a clear road map and electoral laws are in put in place by June, nat...

March 11, 2023, 3:06 pm

“the government has about 48 hours to fix a-soon-to-be-irreversible mistake”: bill ackman warns some businesses may not be able to meet payroll after svb's failure

Silicon Valley Bank's collapse on Friday has left some start-up businesses scrambling to pay workers and wondering if they will be forced to lay off s...

March 11, 2023, 1:02 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