The logo of Swiss bank Credit Suisse is seen at a branch office in Zurich, Switzerland, November 3, 2021. Arnd Wlegmann | Reuters The contagion effect from the recent collapse of Silicon Valley Bank i...
Tag: contained
President Biden assures taxpayers SVB and Signature Bank losses contained
President Biden has assured the senate banking committee that taxpayers will not bear the brunt of any potential losses incurred by SVB Financial Group and Signature Bank, in response to concerns abou...
Can the chaos from Silicon Valley Bank’s fall be contained?
NEW YORK (AP) — Can Washington come to the rescue of the depositors of failed Silicon Valley Bank? Is it even politically possible? That was one of the growing questions in Washington Sunday as policy...
Bitcoin Miner Iris Energy Says Bad Debt Contained in ‘Rotten Arms’
Bitcoin miner Iris Energy remains defiant despite facing debt default on $103 million in loans next week. In a recent SEC filing, the Australia-based firm said that while it can generate $2 million in...
Nio stock bounces, after EV maker disputes short-seller report, saying it contained ‘numerous errors’
Shares of NIO Inc. were knocked down by a short-seller report on Wednesday, alleging exaggerated financial results, even as the China-based electric vehicle maker said the report is without merit and ...