Topline U.S. stocks plunged in early Wednesday trading as concerns about the health of the global…
Tag: SVB
SVB and FTX-backed Chipper Cash contemplates sale or new investor
Chipper Cash, an African fintech company backed by Silicon Valley Bank and the defunct crypto exchange…
SVB collapse leads to big paydays for short-sellers
The shorts have cleaned up during the Silicon Valley Bank and Signature Bank mess. Short sellers…
Retail Merchants Linked to Etsy and SVB Facing Delayed Payments
Etsy and its peers like Shopify have had to kickstart their restrategizing agenda. Retail merchants selling…
Circle CEO: $3.3 Billion stuck at SVB may be recoverable
Circle CEO Jeremy Allaire confirmed that the firm has accessed the funds stuck at Silicon Valley…
Apollo among Investors Eyeing $73.6 Billion of Loans Held by SVB
In other SVB-related news, the Financial Group, which was the holding company of SVB, is exploring…
Treasuries Liquidity Dwindles as SVB Crisis Muddies Fed Outlook
(Bloomberg) — Liquidity in the world’s largest bond market is evaporating as the US banking crisis…
SVB mixup forces India’s SVC Bank to issue a notice of clarification
The shockwaves caused by the collapse of Silicon Valley Bank (SVB) were felt by countless businesses,…
Fed Mulling Stricter Rules And More Oversight For Midsize Banks After SVB Collapse, Report Says
Topline The Federal Reserve is considering a stricter set of rules to govern midsize banks which…
Why Ray Dalio says SVB collapse is a ‘canary in the coal mine’
That’s the recently retired Ray Dalio, weighing in via his popular LinkedIn page to offer his…
Bitcoin rallies after collapses of Signature, SVB and Silvergate. Here’s why
Bitcoin is seeing its best three-day performance since October 2019, as the collapse of three U.S.…
Citadel founder Ken Griffin: Fed’s intervention in SVB collapse shows U.S. capitalism is ‘breaking down before our eyes’
“The U.S. is supposed to be a capitalist economy, and that’s breaking down before our eyes.…
DOJ and SEC to probe SVB collapse and insider stock sales: Report
The United States Justice Department and the Securities Exchange Commission (SEC) have reportedly launched inquiries into…
SVB execs sold $84 million of the bank’s stock over the past 2 years
Silicon Valley Bank CEO Greg Becker sold nearly $30 million of stock over the past two…
Charles Schwab feels heat after SVB collapse
Charles Schwab is battling to allay fears about interest rates and unrealised losses after the brokerage’s…
Charles Schwab’s fortune battered by SVB collapse, with his wealth plunging more than any other American billionaire’s in 2023
Billionaire brokerage founder Charles Schwab has seen his personal fortune plummet in the aftermath of Silicon…
Ex-Ripple Advisor Appointed by Fed to Watch Over Failed Silicon Valley Bank (SVB)
Gamza Khanzadaev Michael Barr will lead supervision of collapsed Silicon Valley Bank (SVB) on Fed’s side…
Warren Drafts Bill To Reverse Trump-Era Bank Deregulations After SVB Collapse, Report Says
Topline Democratic lawmakers, including Sen. Elizabeth Warren (Mass.) and Rep. Katie Porter (Calif.), unveiled legislation Tuesday…
SVB Collapse Meant Protecting ‘a Digital Dollar From the Banking System’: Circle CEO
In a recent interview, Circle’s CEO pointed out the irony of a traditional bank disrupting the…
Federal Investigators Probe Silicon Valley Bank Collapse; SVB and Top Execs Sued by Shareholders – Bitcoin News
The parent company of Silicon Valley Bank, SVB Financial Group, and two senior executives have been…
SVB, Signature Bank Losses Will Not ‘Be Borne by the Taxpayer’, Insists President Biden
President Joe Biden gave brief comments Monday morning regarding the recent events surrounding the embattled Signature…
Argo Blockchain Reports Zero Exposure To SVB And Silvergate Bank, Here’s Why
In a recent tweet, Argo Blockchain PLC revealed that it has no exposure to the shuttered…
Hedge fund legend Ken Griffin knocks US SVB depositor save
Hedge fund billionaire Ken Griffin was critical of how the U.S. government saved the depositors at…
Powell Should Recuse Himself From Fed’s Internal Review Of SVB Oversight, Elizabeth Warren Says
Topline Sen. Elizabeth Warren (D-Mass.) called on Federal Reserve Chair Jerome Powell to recuse himself from…
Bitcoin value rises despite SVB
Despite the failure of Signature Bank, one of the first banks in the world to invest…
USDC Loss Of Peg Shakes Crypto Market During SVB Collapse
SPONSORED POST* The cryptocurrency market is no stranger to volatility, but the recent USDC (USD Coin)…
Biden Hints Next Step of Action Post SVB & Signature Collapse
The FDIC took control of SVB’s assets and Signature Bank over the weekend. Prez. Biden lays…
SVB Financial Contagion Fears Go Global
China Last Night KraneShares Key News Asian equities curbed yesterday’s enthusiasm driven by China’s positive policies…
Mawson Infrastructure Group Inc. Confirms No Exposure to Silvergate Capital and SVB, Transfers All Assets Away from Signature
SHARON, Pa.–(BUSINESS WIRE)–Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson” or the “Company”), a digital infrastructure provider, communicates…
Circle Accessed USDC Reserves In SVB This Week; Crypto News
Circle USDC News: In the wake of the devastating effect the failure of Silicon Valley Bank…
SVB and Silvergate are out, but major banks are still backing crypto firms
Over the last week, the collapse of three of the largest banks backing the crypto scene…