silicon valley bank

Community Bank Customers Hit Pause on Mass Deposit Withdrawals
Community Bank Customers Hit Pause on Mass Deposit Withdrawals
April 03, 2023  |  Banking

The bank runs are still fresh in our collective consciousness. But for the community banks, the scramble to get deposits out seems to have abated....

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Boxed, Inc. Files For Bankruptcy Following SVB Collapse
Boxed, Inc. Files For Bankruptcy Following SVB Collapse
April 03, 2023  |  eCommerce

After warning last month that it could declare bankruptcy, eGrocer Boxed has made it official. The company announced late Sunday (April 2) that it had...

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After SVB, Bank Runs and the Capitol Hill Fireworks … Now What?
After SVB, Bank Runs and the Capitol Hill Fireworks … Now What?
April 03, 2023  |  Digital-First Banking

The hearings on Capitol Hill are over.  At least for the moment. The klieg lights have been switched off, the testimonies have been read, the...

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Bank of China Calls for Tougher Financial Safeguards
Bank of China Calls for Tougher Financial Safeguards
April 02, 2023  |  Bank Regulation

Officials from The People’s Bank of China are reportedly calling for stricter financial regulations. Writing in China Finance, a publication of the central bank, a...

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National Federal Reserve Board Reportedly Leads Supervision of Biggest Banks
National Federal Reserve Board Reportedly Leads Supervision of Biggest Banks
March 31, 2023  |  Bank Regulation

Big banks are reportedly largely overseen by Fed officials in Washington rather than in regional offices. While regional Fed offices supervise banks with assets under...

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Global M&A Volumes Drop by 48% in First Quarter
Global M&A Volumes Drop by 48% in First Quarter
March 31, 2023  |  Acquisitions

Global mergers and acquisitions (M&A) volumes dropped by 48% year over year in the first quarter. As of Thursday (March 30), M&A volumes for the...

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Yellen Says US Must Address Vulnerabilities in ‘Shadow Banking’
Yellen Says US Must Address Vulnerabilities in ‘Shadow Banking’
March 30, 2023  |  Digital-First Banking

U.S. Treasury Secretary Janet Yellen wants more oversight for the nonbank sector. In remarks to the National Association for Business Economics annual conference Thursday (March 30), Yellen addressed the...

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Feds Want Big Banks to Pay $23 Billion SVB Collapse Bill
Feds Want Big Banks to Pay $23 Billion SVB Collapse Bill
March 30, 2023  |  Banking

Regulators want America’s biggest banks to help cover the cost of the recent banking crisis. The Federal Deposit Insurance Corp. (FDIC) is weighing the idea...

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White House Wants New Rules for Midsize Banks
White House Wants New Rules for Midsize Banks
March 29, 2023  |  Bank Regulation

The White House plans to call for tougher regulation of midsize banks. The recommendations for congressional action could be announced within days and would follow...

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