valley Archives - Page 2 of 3 - Global Banking Monitor

Shutdown of Silicon Valley Bank Leaves Uninsured Depositors in Limbo

Silicon Valley Bank's high level of uninsured deposits helped kick off the run that led to the bank's closing down, and now any of...

Silicon Valley Bank Collapse Triggers Delay in Payment Processing for Etsy Sellers

Etsy is warning sellers that the collapse of Silicon Valley Bank on Friday is causing delays in processing payments, according to an email from...

Billionaire Bill Ackman Calls for Urgent Government Action on Silicon Valley Bank Failure

Billionaire investor Bill Ackman wrote a lengthy analysis of the Silicon Valley Bank failure on Saturday, arguing that the U.S. government needs to protect...

Silicon Valley Bank Executive Previously Served as Lehman Brothers CFO

Silicon Valley Bank (SVB) executive, Jospeph Gentile, was a former executive of the Lehman Brothers' Global Investment Bank prior to the bank's public collapse...

UK Tech Sector at Risk of ‘Existential Threat’ Following Silicon Valley Bank’s Collapse, Warns Report

Dozens of early-stage tech companies in the UK have warned the chancellor of "an existential threat" to the sector following the failure of Silicon...

Bonuses Given to Silicon Valley Bank Employees Prior to Government Takeover

Silicon Valley Bank employees received their annual bonuses Friday just hours before regulators seized the failing bank, according to people with knowledge of the...

Brex, fintech startup, said to have obtained billions in Silicon Valley Bank deposits on Thursday according to source

Fintech startup Brex received billions of dollars in deposits from Silicon Valley Bank customers on Thursday, CNBC has learned. The company, itself a high-flying startup,...

UK arm of Silicon Valley Bank could receive rescue bid from Bank of London

A new clearing bank which launched just two years ago is among the suitors this weekend weighing bids to salvage the British arm of...

Roku’s $500 million at Silicon Valley Bank in limbo with recovery uncertain

Roku held approximately $487 million of its $1.9 billion in cash at Silicon Valley Bank, which collapsed Friday and was taken over by the...

Silicon Valley Bank’s UK arm faces shutdown as Bank of England takes action

The Bank of England said on Friday that it was seeking a court order to place Silicon Valley Bank UK Limited into an insolvency...

Silicon Valley Bank’s collapse makes it the biggest US bank failure since Washington Mutual in 2008

While relatively unknown outside of the Silicon Valley, the Silicon Valley Bank (SVB) was among the top 20 American commercial banks, with $209 billion...

Failure to raise capital leads to downfall of Silicon Valley Bank

Silicon Valley Bank collapsed Friday morning after a stunning 48 hours in which a bank run and a capital crisis led to the second-largest...

Silicon Valley Bank collapse marks worst bank failure since Great Recession

The closure of Silicon Valley Bank (SVB) was announced by the (FDIC) on Friday, marking the worst U.S. financial institution failure in nearly 15...

Market stunned as Silicon Valley Bank closed by regulators

Well, that was over quickly! Just yesterday there was a lot of market discussion about the stability of Silicon Valley Bank and then today,...

Stripe employees get to sell $1bn of shares

Strategies for Upskilling Your Workforce in an AI-Driven Economy

Five Strategies for Enhancing Internal Communications in Banks

Tag: valley