Global Banking Monitor

Sunday, April 28, 2024

Stripe employees get to sell $1bn of shares

It's good news for the Stripe employees...

Strategies for Upskilling Your Workforce in an AI-Driven Economy

In an era where artificial intelligence (AI)...

Five Strategies for Enhancing Internal Communications in Banks

In the fast-paced world of banking, effective...

Tag: svb’s

National Bank Expands Tech Book by Acquiring SVB’s Canadian Portfolio

National Bank of Canada’s deal for Silicon Valley Bank’s Canadian commercial loan portfolio will give it more exposure to higher growth industries and still...

SVB’s primary debtor in Canada revealed as Romanow’s tech finance firm

The bankruptcy liquidator in charge of Silicon Valley Bank’s Canadian unit is set to receive offers for its loan book on Monday, and the...

Regulators cite social media for SVB’s rapid collapse, calling it a “complete game changer”

Silicon Valley Bank's (SIVB) stunning collapse has brought a new element to the conversation about what role management, regulators, and investors may have played...

Small US banks face a record drop in deposits following SVB’s collapse

Deposits at small US banks dropped by a record amount following the collapse of Silicon Valley Bank on March 10, data released on Friday...

SVB’s collapse was agonizing, particularly for Black founder, says CEO

Isa Watson, founder of voice-only social messaging app Squad, was on a plane when she got the news: Silicon Valley Bank had collapsed, and...

Are Credit Suisse and SVB’s Troubles Indicators of a Global Banking Crisis?

Global banking has been in turmoil over the last two weeks following a series of stunning bank collapses in Europe and the United States. Despite...

Regulators Seize Signature as SVB’s Troubles Continue to Ripple Through Industry

The sudden closure of New York’s Signature Bank by state regulators Sunday underscored the urgency of extraordinary US efforts to backstop the nation’s banking system and...

Gold Gains Popularity as Investors Flee Risky Assets Following SVB’s Collapse

Gold extended gains and copper dropped as the collapse of Silicon Valley Bank soured risk sentiment and curbed expectations for more aggressive rate hikes...

UAE Royal’s Company Explores Possibility of Taking Over SVB’s UK Unit

Royal Group, an investment firm controlled by a top Abu Dhabi royal, is considering a possible takeover of the UK arm of Silicon Valley...

Biden Pledges to Implement New Bank Regulations Following SVB’s Collapse, Blames Trump Rollback

President Joe Biden declared the US banking system "safe" and vowed stiffer bank regulation, after U.S. regulators were forced to step in with a...

Credit Suisse Default Swaps Surge Amid Industry-Wide Concerns Over SVB’s Default

The cost of insuring the bonds of Credit Suisse Group AG against default climbed to the highest on record as the collapse of Silicon Valley Bank...

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