Silicon Valley Bank’s collapse could have ramifications for the technology landscape over the coming years, analysts and investors said. Nikolas Liepins | Anadolu Agency | Getty Images Silicon V...
Tag: Failure
‘It’s a big failure for us.’ Sweden’s largest pension fund invested in both Silicon Valley Bank and Signature Bank before they failed
Sweden’s largest pension fund, Alecta, is under fire this week for investments it made into now-defunct U.S. regional banks. After the collapse of the tech-startup-focused Silicon Valley Bank (SVB) on...
Hard-Right Republicans—DeSantis, Greene—Blame SBV Failure On ‘Woke’ Policies But Without Clear Evidence
Topline Some hard-right Republicans blamed the downfall of Silicon Valley Bank and Signature Bank on what they called “woke” social and environmental policies, a dubious and unproven theory pushed as ...
US Fed faces internal probe over Silicon Valley Bank failure
The Federal Reserve is investigating the factors that led to the failure of Silicon Valley Bank — including how it supervised and regulated the now-collapsed financial institution. In a Mar. 13 announ...
Investor who called Lehman collapse predicts the next big US bank failure
The Wall Street analyst and investor who called the 2008 Lehman Brothers’ collapse has revealed what bank he thinks will hit insolvency next amid Silicon Valley Bank (SVB) closure shockwaves. “T...
Wall Street analysts make big calls on bank stocks in wake of SVB failure
Wall Street analysts are wasting no time trying to make some big calls on stocks that have been swept up into the discussion of the Silicon Valley Bank and Signature Bank meltdowns, even if it means f...
Losses Top $185 Billion As Analyst Warns SVB Failure Risks Intense Regulator Scrutiny
Topline The second and third-largest bank failures in U.S. history rattled investors’ confidence in bank stocks to the tune of tens of billions of dollars Monday, as the contagion fears from Silicon V...
What Happened To Signature Bank? The Latest Bank Failure Marks Third Largest In History
Topline Signature Bank, a New York-based regional bank that became a leader in cryptocurrency lending, shuttered suddenly on Sunday, marking the third-biggest bank failure in U.S. history just two day...
Does Silicon Valley Bank’s failure signal the second Great Financial Crisis?
The US financial and banking system was rocked by the largest bank failure since the 2008 Great Financial Crisis which begs the question if we are on the brink of a new crisis. According to Brad McMil...
Third-biggest bank failure in U.S. history
The Signature Bank headquarters at 565 Fifth Avenue in New York, US, on Sunday, March 12, 2023. Lokman Vural Elibol | Anadolu Agency | Getty Images On Friday, Signature Bank customers spooked by the s...
Losses Top $165 Billion As Analyst Warns SVB Failure Risks Intense Regulator Scrutiny
Topline The second and third-largest bank failures in U.S. history rattled investors’ confidence in bank stocks to the tune of tens of billions of dollars Monday, as the contagion fears from Silicon V...
Credit Suisse Default Swaps Hit Record as SVB Failure Hits Banks
(Bloomberg) — The cost of insuring the bonds of Credit Suisse Group AG against default climbed to the highest on record as the collapse of Silicon Valley Bank sparked concern about broader conta...
SVB Failure Sparks Blame Game Over Trump-Era Regulatory Rollback
(Bloomberg) — Eight years ago, Greg Becker delivered a blunt message to lawmakers in Washington: the bank he ran was not like Wall Street. Most Read from Bloomberg As chief executive officer of ...
Will Circle be Able to Restore Stability to USDC After Signature Bank Failure?
Circle, a leading player in the crypto industry, has been impacted by the recent failures of Silicon Valley Bank and Signature Bank. The collapse of Signature Bank, a critical financial institution fo...
Did the Fed plant the seeds of destruction of Silicon Valley Bank?
Were the seeds of Silicon Valley Bank’s collapse planted by the Federal Reserve’s rapid rate increases? That is one of the debates ranging online over the weekend. Michael Green, chief strategist and ...
Regulators seize Signature Bank in third-largest US bank failure
Regulators seized New York regional bank Signature Bank (SBNY) two days after shutting down Silicon Valley Bank as overseers of the banking system try to restore calm before markets open Monday. Signa...
After Silicon Valley Bank failure ‘there’s going to be more,’ warns former FDIC Chair William Isaac
The failure of Silicon Valley Bank on Friday has many fearing a domino effect, despite assurances from Treasury Secretary Janet Yellen, who on Sunday told Face the Nation that “the American banking sy...
Silicon Valley Bank Failure Highlights Dangers of Fractional-Reserve Banking – Economics Bitcoin News
After the failure of Silicon Valley Bank (SVB), a great deal of Americans are starting to realize the dangers of fractional-reserve banking. Reports show that SVB suffered a significant bank run after...
Silicon Valley Bank failure could trigger run on U.S. regional banks
Federal Reserve and Federal Deposit Insurance Corporation (FDIC) decisions concerning the future of Silicon Valley Bank may affect regional banks across the United States, putting trillions of dollars...
Roku Among Most-Exposed Firms With Assets Caught in SVB Failure
(Bloomberg) — Of the companies listing assets caught up in the collapse of Silicon Valley Bank on Friday, Roku Inc. is among those reporting the heaviest exposure. Most Read from Bloomberg Dozen...
From wine country to London, bank’s failure shakes worldwide
NEW YORK (AP) — It was called Silicon Valley Bank, but its collapse is causing shockwaves around the world. From winemakers in California to startups across the Atlantic Ocean, companies are scramblin...
Silicon Valley Bank failure has investors calling for government aid
Big names in Silicon Valley and the finance sector are calling publicly for the federal government to push another bank to assume Silicon Valley Bank’s assets and obligations after the financial...
From Santa Clara to Shoreditch, SVB Failure Spreads Around World
(Bloomberg) — The fallout from the collapse of Silicon Valley Bank is starting to spread around the world. Most Read from Bloomberg SVB’s UK unit is set to be declared insolvent, has already cea...
“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
“The government has about 48 hours to fix a-soon-to-be-irreversible mistake. By allowingSVB Financial to fail without protecting all depositors, the world has woken up to what an uninsured deposit is ...
Silicon Valley Bank’s Failure May Lead to Smaller Fed Rate Hike
The second-largest bank failure in U.S. history might help the Federal Reserve do its job of tightening credit and slowing the economy. To be sure, the sudden collapse of the Silicon Valley Bank unit ...
SVB Chief Sold $3.6 Million in Stock Days Before Bank’s Failure
(Bloomberg) — Silicon Valley Bank Chief Executive Officer Greg Becker sold $3.6 million of company stock under a trading plan less than two weeks before the firm disclosed extensive losses that ...
What To Know About Silicon Valley Bank’s Collapse—The Biggest Bank Failure Since 2008
Topline Silicon Valley Bank collapsed in spectacular fashion Friday just days after it announced big losses, failing at attempts to raise funds or seek out a buyer, and creating the biggest bank failu...
Biggest Bank Failure Since Great Recession Sparks ‘Overblown’ Fears Of Contagion—But Big Lingering Risks Remain
Topline The sudden collapse of startup lender Silicon Valley Bank—which has culminated in the biggest bank failure since the Great Recession—has wreaked havoc on stocks and sparked fears of a potentia...
Silvergate failure draws attention of government exes and crypto community
The failure of the crypto-friendly bank Silvergate has sparked a conversation about who was responsible for the fall of the first domino and where crypto companies might go for their banking requireme...
Why do Crypto Projects have Such a High Failure Rate?
Why do Blockchain and crypto startups have high failure rates? The answer may lie in different factors beyond funding. Mario Nawfal spoke exclusively with BeInCrypto to share his thoughts. Blockchain...
Former Congressman Barney Frank Comments on Failure of Banking Giants
Barney Frank commented that cryptocurrency is an entity that regulators failed to reckon with in 2008. The former congressman’s comment was rooted in the recent failures of the commercial banking gian...