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At Close: Jun 08, 2023
U.S. Senator Warren calls for investigation into SVB and Signature Bank failures - WSJ
05:34am, Sunday, 19'th Mar 2023
U.S. Senator Elizabeth Warren, who is pushing tighter banking regulation, has called for an investigation into the failures of Silicon Valley Bank and Signature Bank , the Wall Street Journal reported
First Citizens considering takeover of Silicon Valley Bank - Bloomberg News
11:33pm, Saturday, 18'th Mar 2023
First Citizens BancShares Inc is evaluating an offer for Silicon Valley Bank , Bloomberg News reported on Saturday, citing people familiar with the matter.
Silicon Valley Bank contagion fears are 'overblown', says lawyer
06:00pm, Saturday, 18'th Mar 2023
Concerns surrounding the banking sector escalate as Silicon Valley Bank's collapse sparked fears of contagion. Berenzweig Leonard Managing Partner Seth Berenzweig told Yahoo Finance that while risks i
OpenAI unleashes GPT-4, SVB files for bankruptcy, and a PE firm acquires Pornhub
04:16pm, Saturday, 18'th Mar 2023
Welcome to Week in Review, folks, TechCrunch's regular recap of the week in tech. GPT-4, OpenAI's text- and image-understanding AI, might've dominated the headlines over the past few days.
Silicon Valley Bank UK hands out $18M in bonuses after HSBC rescue
01:01pm, Saturday, 18'th Mar 2023
The beleaguered bank's UK subsidiary gave its staff $18 million in bonuses this week after HSBC purchased the institution in a rescue deal.
Nearly 200 banks at risk for same fate as SVB: study
12:03pm, Saturday, 18'th Mar 2023
Nearly 200 more banks may be vulnerable to the same type of risk that took down Silicon Valley Bank: The value of the assets they hold.
The SVB debacle has exposed the hypocrisy of Silicon Valley | John Naughton
12:00pm, Saturday, 18'th Mar 2023
US tech innovators have a culture of regarding government as an innovation-blocking nuisance. But when Silicon Valley Bank collapsed, investors screamed for state protection
'Be mindful of your risk': Money manager tackles Silicon Valley Bank fallout on ETFs
11:00am, Saturday, 18'th Mar 2023
There's speculation bank stress could expose problems lurking in ETFs tied to specific sectors.
Silicon Valley Bank fallout likely to hit big tech, strategist says
10:30am, Saturday, 18'th Mar 2023
This segment originally aired on March 14, 2023. The sudden failure of Silicon Valley Bank not only hit the banking sector but also rattled the tech industry.
Terms to know amid SVB collapse – Moral hazard, SIFI, BTFP
09:00am, Saturday, 18'th Mar 2023
Yahoo Finance Live co-host Dave Briggs details several key terms for investors to know in reference to the Silicon Valley Bank collapse, including moral hazard, systematically important financial inst
On the morning SVB failed, Peter Tuchman downed four espresso shots and geared up for what would be a historic day on the trading floor.
SVB UK handed out over 15 mln pounds in bonuses days after HSBC rescue - Sky News
07:29am, Saturday, 18'th Mar 2023
Silicon Valley Bank's UK arm handed out over 15 million pounds ($18 million) in bonuses days after its rescue deal this week by HSBC, Sky News reported on Saturday.
First Republic was rescued by rivals. Silicon Valley Bank was abandoned by its friends.
07:00am, Saturday, 18'th Mar 2023
NEW YORK (AP) — When 11 of the biggest U.S. banks announced their $30 billion rescue package for First Republic Bank this week, those banks, notably, were coming to the rescue of one of their compet
Vanessa Pham, the CEO of Omsom, said Silicon Valley Bank's collapse not only posed a threat to rich VC firms, but also to small businesses.
China's c.bank warns SVB failure shows impact of rapid global rate hikes- state media
03:18am, Saturday, 18'th Mar 2023
A senior official at the People's Bank of China said on Saturday the collapse of Silicon Valley Bank (SVB) showed how rapid monetary policy shifts were having spillover effects, state-owned newspaper
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