Silicon Valley Bank Updates

The latest coverage and analysis from PYMNTS following the dramatic collapse of Silicon Valley Bank (SVB).

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Possible Banking Regulations Come to Light During Senate Hearing
Possible Banking Regulations Come to Light During Senate Hearing
March 28, 2023  |  Bank Regulation

Possible future banking regulations came to light during a Senate committee hearing. The proposals were mentioned by Federal Reserve Vice Chair for Supervision Michael Barr...

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SVB Implosion Could Blow Half-Trillion-Dollar Hole in VC Sector as Valuations Become More Clear
SVB Implosion Could Blow Half-Trillion-Dollar Hole in VC Sector as Valuations Become More Clear
March 27, 2023  |  Startups

Venture capital (VC) firms should prepare for a whole new level of scrutiny in the wake of the Silicon Valley Bank (SVB) implosion, market watchers...

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Regulators Seek ‘Unflinching’ Look at SVB and Bank Supervision at Capitol Hill Hearings
Regulators Seek ‘Unflinching’ Look at SVB and Bank Supervision at Capitol Hill Hearings
March 27, 2023  |  Bank Regulation

It’s common practice on Capitol Hill for witnesses — appearing before various committees — to release their testimony ahead of time. And what’s written down...

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SVB and Signature Were ‘Allowed to Fail,’ Says FDIC Chair
SVB and Signature Were ‘Allowed to Fail,’ Says FDIC Chair
March 27, 2023  |  Banking

America’s banking regulator is investigating the recent collapse of two lenders. Martin Gruenberg, chairman of the Federal Deposit Insurance Corp. (FDIC), says his agency is...

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IPO Fundraising Falls 70% Amid Banking Crisis
IPO Fundraising Falls 70% Amid Banking Crisis
March 26, 2023  |  IPO

The global market for initial public offerings continues to struggle amid banking sector upheaval. That’s according to data published Sunday (March 26) by Bloomberg News,...

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Startups Fear Existential Threat Following Silicon Valley Bank Collapse
Startups Fear Existential Threat Following Silicon Valley Bank Collapse
March 26, 2023  |  Startups

Startups are worried that the Silicon Valley Bank collapse could bring about their own. That’s according to a report Saturday (March 25) by the Financial...

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EU Lawmakers Say US Ignoring ‘Message of 2008’
EU Lawmakers Say US Ignoring ‘Message of 2008’
March 23, 2023  |  Banking

Lawmakers in Europe are blaming U.S. regulators for failing to stop this month’s banking crisis. That’s according to a Thursday (March 23) report by CNBC,...

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Rise of SVB-Driven Fraud Shows How Fast Criminals Move
Rise of SVB-Driven Fraud Shows How Fast Criminals Move
March 23, 2023  |  Security & Fraud

For criminals, big news creates big opportunities. And businesses beware — the recent collapses of Silicon Valley Bank (SVB) and Signature Bank offers cybercriminals a perfect cocktail of urgency,...

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PSCU CEO Says Consumer Trust in Credit Unions Remains Resilient
PSCU CEO Says Consumer Trust in Credit Unions Remains Resilient
March 23, 2023  |  Credit Unions

Not too long ago, Main Street America did not know Silicon Valley Bank existed. But now they’ve watched a series of bank runs in real...

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