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Silicon valley bank news

The most spectacular technologies you’ll see in 2025

PREMIUM
We’re standing at cusps of technology breakthroughs that’ll change our lives and societies forever and we will need to make sense of it.
Updated on Dec 29, 2024 07:05 pm IST

8 Silicon Valley CEOs quit after taking psychedelic drugs, claims viral post

A viral post claims that 8 Silicon Valley CEOs quit their jobs after experimenting with psychedelic drugs (Representational image)
Published on Sept 24, 2024 01:51 pm IST

Go First crisis to highest GST collection: Top five business news of the week

Top five business news of the week: Go First crisis and highest ever GST collection in April.
Published on May 07, 2023 08:35 pm IST

First Republic collapses: Are other US banks at risk?

People walk past a First Republic bank in Manhattan.
Published on May 02, 2023 02:19 am IST

US Fed admits faults and calls for stronger banking oversight after SVB collapse

US Federal Reserve admits to failings in Silicon Valley Bank oversight
Updated on Apr 28, 2023 10:03 pm IST

US small businesses face worst credit in a decade after SVB collapse

A net 9% of owners who borrow frequently said financing was harder to get compared to three months earlier, the most since December 2012, according to a survey.
Published on Apr 11, 2023 05:36 pm IST

KPMG, Goldman Sachs sued over Silicon Valley Bank collapse

People look at signs posted outside of an entrance to Silicon Valley Bank in Santa Clara, California.
Published on Apr 09, 2023 03:35 pm IST

US treasury secretary expects economy to grow despite recession concerns

US Economy: US treasury secretary Janet Yellen.
Published on Apr 08, 2023 08:59 am IST

Ex-RBI governor Raghuram Rajan says banking system headed for more trouble

Former Governor of Reserve Bank Of India (RBI) Raghuram Rajan
Published on Apr 07, 2023 12:07 pm IST

US bank runs hold key lessons for India

PREMIUM
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

Biden urges US regulators to restore strict rules on midsize banks

US President Joe Biden.
Published on Jun 11, 2023 06:33 am 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.
Published on Mar 27, 2023 12:11 pm IST

First Citizens inches closer to SVB acquisition: Report

First Citizens BancShares and SVB (Silicon Valley Bank) logos. (Reuters)
Published on Mar 27, 2023 07:49 am IST

Lessons from the US bank crisis

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

Global growth slowing to below 3% due to Ukraine war: IMF chief

International Monetary Fund (IMF) Managing Director Kristalina Georgieva was speaking at the China Development Forum 2023, in Beijing.
Published on Mar 26, 2023 04:31 pm IST

Valley National bidding for Silicon Valley Bank: Report

A man puts a sign on the door of the Silicon Valley Bank as an onlooker watches at the bank’s headquarters in Santa Clara, California
Updated on Mar 26, 2023 06:23 am IST

FM Sitharaman reviews public sector banks' performance amid global crisis

Union Finance Minister Nirmala Sitharaman chairs a meeting to review the performance of Public Sector Banks on various financial, efficiency, and health parameters, in New Delhi on Saturday. (ANI Photo)
Published on Mar 25, 2023 06:42 pm IST

FM Sitharaman to meet CEOs of PSU banks amid ongoing global bank crisis: Report

Finance Minister Nirmala Sitharaman will take first full review meeting with banks after the presentation of Budget 2023-24.
Published on Mar 23, 2023 11:53 am IST

Credit Suisse rescue sends relief, but First Republic shares slump continues

Credit Suisse signage on the floor of the New York Stock Exchange (NYSE) in New York, US.
Published on Mar 21, 2023 10:30 am IST

UK PM Sunak trusts UK Banking system safe despite Credit Suisse collapse

British Prime Minister Rishi Sunak.
Published on Mar 20, 2023 06:17 pm IST

Who are the winners and losers of UBS-Credit Suisse deal

UBS Chairman Colm Kelleher (R) shakes hands with Credit Suisse chairman Axel Lehmann (L) after a press conference. (AFP)
Published on Mar 20, 2023 05:10 pm IST

Meet Dixit Joshi, the Indian-origin CFO of Credit Suisse

Dixit Joshi had first joined Credit Suisse in 1995. (LinkedIn)
Updated on Mar 20, 2023 03:56 pm IST

Stocks slump as Credit Suisse rescue fails to ease fear of global crisis

A view of the Credit Suisse building at Circular Quay in Sydney, Australia.
Published on Mar 20, 2023 01:54 pm IST

Credit Suisse opposes ‘too low’ offer of $1 bn by UBS: Report

Logos of Swiss banks UBS and Credit Suisse are seen in Zurich, Switzerland. (Reuters)
Published on Mar 19, 2023 06:56 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.
Published on Mar 19, 2023 10:16 am IST

Credit Suisse to assess survival options as regulators push for UBS merger

The illuminated logos of the Swiss banks Credit Suisse and UBS in Zurich, Switzerland. (AP)
Published on Mar 18, 2023 06:48 pm IST

Has the largest bankruptcy in US since 2008 calmed down?

Customers and bystanders form a line outside a Silicon Valley Bank branch location,
Published on Mar 18, 2023 05:51 am IST

SVB Financial group seeks bankruptcy protection amid banking crisis

The implications of the collapse of SVB on Indian-Americans and their companies are very serious.
Published on Mar 17, 2023 06:41 pm IST

Investors say it's 'a slow death’ even as First Republic Bank gets $30 bn fund

Traders work at the post where First Republic Bank stock is traded on the floor of the New York Stock Exchange (NYSE) in New York City.
Updated on Mar 17, 2023 01:34 pm IST

How much deposits Indian startups have in SVB? Minister replies

Union Minister of State for Skill Development and Entrepreneurship Rajeev Chandrashekhar.
Updated on Mar 17, 2023 12:16 pm IST