First Citizens Bank Announces Layoffs after Acquiring Silicon Valley Bank
In an unexpected turn of events, Raleigh, North Carolina-based First Citizens Bank announced layoffs as a result of...
#Silicon_Valley Bank
#Silicon_Valley Bank
Valley National is vying to buy SVB: Bloomberg "On market rumours or speculation," First Citizens declined to provide further details.
According to persons having knowledge of the matter, Valley National Bancorp and First Citizens BancShares Inc. are vying...
Bank giants like JP Morgan, Citi warn staff not to call clients from collapsed banks Bank of America Corp started alerting employees, noting "Do not make it worse".
After several customers began withdrawing their money, giant banking organizations including JP Morgan Chase & Co, Citigroup Inc,...
HSBC puts £2 bn into SVB UK, vows ‘more cash’ On Monday, HSBC revealed it was going to acquire Silicon Valley Bank's UK subsidiary for one pound.
HSBC put roughly £2 billion into the United Kingdom branch of bankrupt United States-based Silicon Valley Bank –...
Indian startups withdrew $300m from SVB: Report Fresh startup businesses had put in the bank cash up to $2-3 million in the bank.
Indian startups have been capable of transferring funds worth $250-300 million in the last 24 hours after the...
Even after fall of SVB and silvergate, crypto world still have multiple options
Two of the banks that were friendliest to the crypto sector and the biggest bank for tech startups...
SVB shifts deposits to new bridge bank: US FDIC The collapse of the Silicon Valley Bank is the biggest failure since the financial crisis of 2008.
All deposits of the Silicon Valley Bank (SVB) have been transferred by the US Federal Deposit Insurance Corporation...
UK finance minister says rescue is necessary of SVB to protect UK tech "The UK banking system is extremely secure, it's well capitalised," he said.
Finance Minister Jeremy Hunt stated on Monday that a few of Britain’s most major technological firms were in...
HSBC purchases UK arm of Silicon Valley Bank for £1 HSBC will provide stakeholders with a piece of information on the purchase in its 1Q 2023 reports.
On March 13, HSBC Holdings Plc stated that Silicon Valley Bank UK Limited (SVB UK), a UK ring-fenced...
Sam Altman & Vinod Khosla declare to provide loans to startups following SVB collapse On Twitter, Altman and Khosla both urged venture capitalists to provide workers with money in case of emergency.
Sam Altman, the CEO of OpenAI, and famous VC Vinod Khosla have appeared as the startups’ heroes after...