Get all your news in one place.

100’s of premium titles.
One app.

Get all your news in one place.

100’s of premium titles. One news app.

The Latest Breaking News from Silicon Valley Bank

First Thing: global markets gripped by Silicon Valley Bank collapse

Bank shares slide around world amid panic caused by SVB failure as its parent company and two top executives are sued by shareholders. Plus, what’s next for Escobar’s hippos?

The Guardian - UK

Banks catering to specific niches were a disaster waiting to happen—and regulators haven't kept up with how tech is moving money

The nature of deposits and client behaviors have changed dramatically in the past decade, says a former bank examiner at the FDIC.

Fortune

Financial regulators are unprepared for bank runs in the age of social media

Monitoring volatility on social media platforms isn’t cumbersome or costly. Silicon Valley Bank's implosion shows regulators must change with the times.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

Fears of SVB’s Collapse Having Repercussions on Arab Countries

The collapse of the California-based Silicon Valley Bank (SVB) has fueled fears among customers, depositors, and technology companies regarding the economic level in the US.

Asharq Al-Awsat

Silicon Valley Bank's fatal communications flaw

In moments of uncertainty, overt communication drives confidence.

Axios

Global banking stocks slump amid fallout from SVB collapse

Banking stocks around the world have fallen sharply following the collapse of Silicon Valley Bank and a subsequent intervention by US regulators to protect depositors. Smaller regional lenders in the US are particularly hard hit, with many requests being made to move deposits to some of the country's larger lenders.…

France 24

Ken Griffin says SVB failure would have been 'lesson in moral hazard'

The CEO of hedge fund Citadel said that backing Silicon Valley Bank's deposits in full was a "loss of financial discipline."

Fortune

Read news from The Economist, FT, and more,
with one subscription

What to know about the Silicon Valley Bank collapse, takeover and fallout

President Biden urged calm as markets roiled over the collapse of Silicon Valley Bank. After the FDIC takeover, customers of the bank have full access to their deposits.

WEKU

Kuwait: Limited Exposure to Collapse of SVB

The financial sector in Kuwait announced that it had registered limited exposure to the collapse of Silicon Valley Bank. The Central Bank of Kuwait (CBK) affirmed on Sunday that the exposure of Kuwaiti banks to Silicon Valley Bank (SVB), following the closure of the bank by the US authorities, was…

Asharq Al-Awsat

US banking sector outlook downgraded, but regional bank shares surge – as it happened

Shares in First Republic, Western Allliance, PacWest and Zions are all rallying after Monday’s selloff; US inflation drops to 6%

The Guardian - UK

FTSE 100 Live: Meta cuts 10,000 jobs, US inflation at 6%, FTSE rebounds

Pressure on banks and other blue-chip stocks continued today following the collapse of Silicon Valley Bank.

Evening Standard

Tuesday briefing: How British-Somali citizens are disappearing to ‘culture rehabilitation centres’

A report published by the Observer tells the story of young people of Somali descent being held against their will to be ‘de-westernised’

The Guardian - UK

Australia 'well placed' to withstand US bank shocks

Policymakers and regulators are monitoring the fallout from the collapse of Silicon Valley Bank for potential impacts on Australia.

AAP

SVB collapse — latest news: Silicon Valley Bank ‘open for business’ says new CEO as Moody’s US bank view dims

Collapse of Silicon Valley Bank (SVB) marks biggest US bank failure since Washington Mutual during 2008 financial crisis

The Independent UK

Get all your
news in one place.

100’s of premium titles.
One news app.

The Independent UK

Why another high inflation report may not cause Fed to hike

The government inflation report being released Tuesday is expected to show that price acceleration in the United States remained chronically high in February, putting the Federal Reserve in an unusually tough position

The Independent UK

Silicon Valley Bank's demise disrupts the disruptors in tech

Silicon Valley Bank’s collapse rattled the technology industry that had been the bank’s backbone, leaving shell-shocked entrepreneurs thankful for the government reprieve that saved their money while they mourned the loss of a place that served as a chummy club of innovation

Al Jazeera

Why did Silicon Valley Bank fail and is a financial crisis next?

Economists see Lehman Brothers-style crisis as unlikely despite jitters following collapse of California-based lender.

Los Angeles Times

Biden says banking system is safe, promises accountability for Silicon Valley Bank failure

WASHINGTON — “This is not 2008”: That was the mantra of Biden administration officials Monday as they sought to reassure investors and the public that a regulatory takeover of two failed banks and rescue of their depositors, along with newly implemented safeguards, would be enough to avert a broader crisis…

Get all your
news in one place.

100’s of premium titles.
One news app.

Chicago Sun-Times

Washington tries to contain chaos from Silicon Valley Bank’s failure

Analysts say there is little chance of a wider banking crisis after the failure of Silicon Valley Bank, as the banking system is well-capitalized and passed stress testing.

Fortune

SVB’s other businesses are on the block: What’s for sale and who may be a buyer?

SVB Financial named a restructuring committee to seek out alternatives for its non-banking units.

WEKU

Startups 'on pins and needles' until their funds clear from Silicon Valley Bank

Silicon Valley Bank's collapse left startups scrambling to figure out how to make payroll, or even just get checks printed.

The Independent UK

What the papers say – March 14

Gary Lineker and the BBC, Gary Glitter, and the fallout from the collapse of Silicon Valley Bank feature on the front pages.

Los Angeles Times

Michael Hiltzik: With demands for a bank bailout, Silicon Valley shows its 'small government' mantra was just a pose

For decades, the dominant mantra of Silicon Valley's powerful has been that government is just a drag on their innovative spirit. Get regulators off our backs, they've argued, and we'll improve people's lives to an indescribable degree.

WEKU

The White House is avoiding one word when it comes to Silicon Valley Bank: bailout

The Biden administration has taken pains to avoid the word "bailout" in describing the effort to rescue Silicon Valley Bank depositors. Yet banking experts say it sure does look like a bailout.

Axios

Political blame game erupts over SVB failure

Each side is seizing on the themes already animating their economic message heading into 2024.

1 … 21 22 23 24

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.