silicon valley bank

Silicon Valley Bank Cautiously Restarts Lending Operations
Silicon Valley Bank Cautiously Restarts Lending Operations
July 05, 2023  |  Banking

Silicon Valley Bank (SVB) has reportedly — and carefully — reentered the startup/venture lending business. As The Wall Street Journal (WSJ) reported Wednesday (July 5), the bank —...

READ MORE >
Silicon Valley Bank Depositors Cheer Cayman Islands Court Ruling
Silicon Valley Bank Depositors Cheer Cayman Islands Court Ruling
June 30, 2023  |  Legal

Silicon Valley Bank customers with accounts in the Cayman Islands may be getting their money back. A Cayman Islands court approved a petition Thursday (June...

READ MORE >
Yellen Predicts More Bank Mergers This Year
Yellen Predicts More Bank Mergers This Year
June 25, 2023  |  Banking

Rising interest rates and a recent banking crisis could lead more lenders to merge this year. That’s according to U.S. Treasury Secretary Janet Yellen, who...

READ MORE >
Report: Tech Giants Were Among Uninsured Depositors Covered by FDIC
Report: Tech Giants Were Among Uninsured Depositors Covered by FDIC
June 23, 2023  |  Big Tech

The Federal Deposit Insurance Corporation’s guarantee of uninsured accounts at Silicon Valley Bank reportedly included companies that would have been in no real danger. While President Joe Biden...

READ MORE >
SVB Customers in Asia Still Stuck With Outstanding Loans
SVB Customers in Asia Still Stuck With Outstanding Loans
June 19, 2023  |  Banking

Silicon Valley Bank customers in Asia are reportedly facing dual headaches following the lender’s collapse. These customers had their deposits seized by the Federal Deposit...

READ MORE >
Original SVB Securities Team Plans to Buy It Back, Excludes MoffettNathanson
Original SVB Securities Team Plans to Buy It Back, Excludes MoffettNathanson
June 18, 2023  |  Banking

A management team bidder group plans to acquire SVB Securities from SVB Financial Group. The bidder group is led by SVB Securities CEO Jeff Leerink and backed by The Baupost...

READ MORE >
FDIC Readies Sale of SVB’s $460 Million German Business
FDIC Readies Sale of SVB’s $460 Million German Business
June 16, 2023  |  Banking

Beginning next week, bidders will get the chance to purchase Silicon Valley Bank’s German business. The Federal Deposit Insurance Corp. (FDIC) is set to open a data...

READ MORE >
Fed and SEC Probe Goldman Sachs’ Actions in SVB’s Last Days
Fed and SEC Probe Goldman Sachs’ Actions in SVB’s Last Days
June 15, 2023  |  Banking

Federal officials are reportedly probing Goldman Sachs’ involvement in the final days of Silicon Valley Bank. A report by The Wall Street Journal (WSJ) Thursday...

READ MORE >
HSBC Innovation Banking Debuts in UK
HSBC Innovation Banking Debuts in UK
June 12, 2023  |  Banking

British banking giant HSBC has officially launched a revamped version of Silicon Valley Bank UK. After weeks of teasing an innovation-focused version of SVB UK...

READ MORE >