The Latest Breaking News from SVB

Everything was better in the past. Football peaked in the late-1990s, music in the early-2000s. For you, the decade may differ but the pervading sense remains that culture reaches its zenith between the age of 10 and 16.

Silicon Valley Bank almost collapsed this week until leading figures in the US and UK stepped in — but what is the bank and why did it create such panic? Rohan Silva reports

So goes Silicon Valley, so goes the world.

Critics say Mike Crapo's law exempting SVB and others from stricter requirements led to collapse

U.S. regulators’ swift reaction to the collapse of Silicon Valley Bank and two other lenders partially restored calm to markets, but concerns remain over the stability of the global financial system.

Douglas Diamond warned in October that the Fed’s policies of raising rates at a virtually unprecedented pace would trigger dangerously big losses in the bond portfolios of companies and banks.

Following a crisis, Tim Mayopoulos has to evaluate the management team and build trust with clients.

The collapse of the California-based Silicon Valley Bank (SVB) dominated most sessions and workshops of the Financial Sector Conference in Riyadh. The repercussions of SVB’s recent bankruptcy caused shock and confusion worldwide, especially for economies that fear that the crisis will spillover to their financial institutions. Saudi Minister of Finance…

Politicians generally don’t like looking silly. And yet a whole bunch of Republican politicians reacted to the collapse of Silicon Valley Bank by raging about “woke” banking” in ways that made them appear ridiculous to anyone actually concerned about the danger to the banking system and the economy.

Day by day, month by month, year by year, greed is ruining the tech industry’s image.

The demise of Silicon Valley Bank has put the U.S. government into an uncomfortable position, backstopping depositors like never before to prevent a broader and potentially devastating bank run.