Silicon valley bank news

Latest from Silicon valley bank

US bank runs hold key lessons for India

A bank will survive only as long as it can carry the bluff that it can redeem all deposits even if it were to do so all at once. To SVB’s misfortune, its bluff got called. Avoiding that fate is a perennial challenge for a bank (AFP)
Updated on Apr 05, 2023 08:05 pm IST

First Citizens to buy collapsed Silicon Valley Bank

Under the deal, unit First–Citizens Bank & Trust Company will assume SVB assets of $110 billion, deposits of $56 billion and loans of $72 billion. (Reuters)
Published on Mar 27, 2023 11:12 am IST

Lessons from the US bank crisis

Bailing out banks by pumping in liquidity defeats the very purpose of monetary tightening by raising interest rates. (Reuters)
Updated on Mar 26, 2023 09:20 pm IST

US firm in talks to buy Silicon Valley Bank: Report

People look at signs posted outside of an entrance to Silicon Valley Bank in Santa Clara, California.(AP)
Published on Mar 19, 2023 10:16 am IST
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