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Silicon Valley Bank

Silicon Valley Bank

SVB Capital Had Infused $234 Million in Sequoia Capital: Report

Silicon Valley Bank, the 16th largest market in the US, was closed by the US banking regulators last week due to a bank run worth $42 billion

16 March 2023

Credit Suisse amid SVB Crisis in banking sector

Credit Suisse To Borrow Up To $54 Billion From Swiss Central Bank Amid Rising Trouble

BREAKING: Credit Suisse is reportedly planning to raise around $54 billion from Swiss Central Bank amid rising financial trouble and the SVB crisis in the US Banking system

16 March 2023

Silicon Valley Bank

Justice Dept, SEC Probing Collapse Of Silicon Valley Bank

A person familiar with the matter told The Associated Press, The Justice Department, and the Securities and Exchange Commission have launched investigations into the collapse of Silicon Valley Bank.

15 March 2023

The turmoil prompted an automatic pause in trading of Credit Suisse shares on the Swiss market and sent shares of other European banks tumbling, some by double digits

Swiss Bank Drags Down Big Lenders As Fears Spread To Europe

Credit Suisse stock dropped about 30 per cent, to about 1.6 Swiss francs ($1.73), before clawing back to a 24 per cent loss at 1.70 francs ($1.83) in late afternoon trading on the SIX stock exchange

16 March 2023

Silicon Valley Bank

SVB Fallout: Nazara Tech Says Rs 60 Crore Shifted To Other Bank Accounts

The abrupt failure of SVB last week had left many startups, tech companies, entrepreneurs and VC funds nervous and jittery about their deposits

15 March 2023

Silicon Valley Bank

SVB Crisis: History Proves That Investors Who Rely On Ratings Agencies Burn Their Fingers 

Credit ratings issued by agencies present just one way of looking at a company's financial health and should not be seen as investment ideas in itself

15 March 2023

Anand Mahindra.

Anand Mahindra's Viral Tweet On Banking System Triggers A New Debate Amid SVB Crisis

Ananda Mahindra's viral tweet on the world's banking system has not just left Twitterati in splits but also started a new debate amid the Silicon Valley Bank (SVB) crisis

16 March 2023

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Silicon Valley Bank

Silicon Valley Bridge Bank CEO’s Cry For Help; Asks Depositors To Pivot Back To Lender

Silicon Valley Bank Crisis: Announcing that the bank is open for business, the new CEO of Silicon Valley Bridge Bank has asked for support to help protect the institutions’ future

15 March 2023

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15 March 2023
Credit Suisse Avows ‘Material Weaknesses’ In Its Reporting Amid SVB Crisis: Report

Credit Suisse Avows ‘Material Weaknesses’ In Its Reporting Amid SVB Crisis: Report

Amid Silicon Valley Bank (SVB) crisis, global investment bank Credit Suisse has flagged these ‘material weaknesses’ in its internal controls primarily over...


14 March 2023
Explainer: Why US Banks Are Collapsing And Why The Banking Crisis Is Not Over Yet?

Explainer: Why US Banks Are Collapsing And Why The Banking Crisis Is Not Over Yet?

US authorities launched emergency measures on Sunday to shore up confidence in the banking system after the recent failures threatened major financial crisis


14 March 2023
Signature Bank Gets Junk Rating By Moody’s; Six Other Banks Also Under Surveillance: Report

Signature Bank Gets Junk Rating By Moody’s; Six Other Banks Also Under Surveillance: Report

On Sunday, Signature Bank was shut by the state regulators making it the third largest failure in U.S. banking history


14 March 2023
Silicon Valley Bank Crisis: Rupee Falls, Markets Shake As SVB Crisis Explodes Further; Top Points 

Silicon Valley Bank Crisis: Rupee Falls, Markets Shake As SVB Crisis Explodes Further; Top Points 

Silicon Valley Bank Crisis: Here is how the Indian markets (NSE & BSE), the Asian markets, Indian Rupee and others reacted in the wake of SVB crisis


14 March 2023
Silicon Valley Bank Shareholders Sue CEO, CFO And SVB Financial Group Over Fraud: Report

Silicon Valley Bank Shareholders Sue CEO, CFO And SVB Financial Group Over Fraud: Report

Soon after the SVB collapsed, another bank based out of New York, the Signature Bank also collapsed, leaving many to wonder about what exactly was happening in...


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13 March 2023
With US Government Action On SVB Crisis, Looming Risks To Indian Start-Ups Have Passed: Rajeev Chandrasekhar On SVB Crisis

With US Government Action On SVB Crisis, Looming Risks To Indian Start-Ups Have Passed: Rajeev Chandrasekhar On SVB Crisis

The failure of Silicon Valley Bank last week left many startups, tech companies, entrepreneurs and VC funds nervous and jittery, and the US Government's latest...


13 March 2023
Joe Biden Tells US To Have Confidence In Banks After 2 Collapse

Joe Biden Tells US To Have Confidence In Banks After 2 Collapse

The president, speaking from the White House shortly before a trip to the West Coast, said he’d seek to hold those responsible accountable, and pressed for...


13 March 2023
US-Based First Republic Bank Drops Over 50% In Pre-Market Trading After Silicon Valley Bank Collapse

US-Based First Republic Bank Drops Over 50% In Pre-Market Trading After Silicon Valley Bank Collapse

The financial institution best known for its relationships with high-flying world technology startups and venture capital, Silicon Valley Bank, experienced one...


13 March 2023
Latest Crypto News: Collapsed Silicon Valley Bank Depositors To Get Access To Funds From Monday  

13 March 2023
HSBC To Buy UK Arm Of Silicon Valley Bank For £1: Report 

HSBC To Buy UK Arm Of Silicon Valley Bank For £1: Report 

In the US, authorities have already stepped in to rescue customer deposits and prevent further fallout after SVB collapsed last Friday 


13 March 2023
Abu Dhabi Investment Firm Considers To Acquire SVB’s UK Arm

Abu Dhabi Investment Firm Considers To Acquire SVB’s UK Arm

Startups and venture capital firms are concerned about losing access to cash held at the lender as a result of the instability at Silicon Valley Bank UK...


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13 March 2023
Nazara Tech Says Two Step-Down Subsidiaries Hold Cash Balance Of Rs 64 Crore At Silicon Valley Bank

Nazara Tech Says Two Step-Down Subsidiaries Hold Cash Balance Of Rs 64 Crore At Silicon Valley Bank

Nazara Technologies, in a regulatory filing, said both subsidiaries - Kiddopia Inc and Mediawrkz - continue to be well capitalised and are generating positive...


13 March 2023
New York’s Signature Bank Becomes Next Causality Of Banking Turmoil: Report

New York’s Signature Bank Becomes Next Causality Of Banking Turmoil: Report

SVB Collapse Impact: The state regulators have closed New York-based Signature Bank on Sunday, making it the “third largest failure in US banking history"


13 March 2023
Silicon Valley Bank Collapse: Depositors To Have Access To Their Money Starting Monday, Says Report 

Silicon Valley Bank Collapse: Depositors To Have Access To Their Money Starting Monday, Says Report 

Silicon Valley Bank Collapse: The SVB depositors may reportedly have access to their money as soon as Monday, despite the financial fallout


13 March 2023
Congress Must Come Together To Reverse Deregulation Policies Put In Place Under Trump: Ro Khanna

Congress Must Come Together To Reverse Deregulation Policies Put In Place Under Trump: Ro Khanna

Ro Khanna, an Indian-American congressman, has urged Congress to reverse deregulation policies enacted by the previous Trump administration after the Silicon...


13 March 2023
Israel To Weigh Action After Silicon Valley Bank Collapse

Israel To Weigh Action After Silicon Valley Bank Collapse

According to Netanyahu, the Israeli government will assess the impact of Silicon Valley Bank's collapse on Israeli companies.


12 March 2023
Global Cues, Inflation Trends Likely To Drive Domestic Equity Market: Analysts

Global Cues, Inflation Trends Likely To Drive Domestic Equity Market: Analysts

The failure of the Silicon Valley Bank, a key funding source for startups in the technology space, has sparked concerns regarding the overall health of the...


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