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  • Silicon Valley Bank
SVB deal soothes broader markets, but default stress haunts banks
27
Mar

SVB deal soothes broader markets, but default stress haunts banks

By Anirban Sen and Renju Jose March 27 (Reuters) - A buyer for large chunks of Silicon Valley Bank's deposits and loans helped cast an uneasy calm over fragile markets…
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Small U.S. banks see record drop in deposits after SVB collapse
25
Mar

Small U.S. banks see record drop in deposits after SVB collapse

(Reuters) - Deposits at small U.S. banks dropped by a record amount following the collapse of Silicon Valley Bank on March 10, data released by the Federal Reserve showed. Deposits…
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US sees deposits stabilizing as some regional banks reel
20
Mar

US sees deposits stabilizing as some regional banks reel

By David Lawder, David French and Lananh Nguyen WASHINGTON/NEW YORK, (Reuters) - A U.S. official said on Sunday that the deposit outflows that left many regional banks reeling in the…
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Latin American tech startups scramble after SVB collapse
19
Mar

Latin American tech startups scramble after SVB collapse

By Kylie Madry MEXICO CITY, (Reuters) - Tech startups in Latin America are struggling to find banking alternatives after the sudden crash of Silicon Valley Bank (SVB), one of the…
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U.S. Senator Warren calls for investigation into SVB and Signature Bank failures – WSJ
19
Mar

U.S. Senator Warren calls for investigation into SVB and Signature Bank failures – WSJ

March 19 (Reuters) - U.S. Senator Elizabeth Warren, who is pushing tighter banking regulation, has called for an investigation into the failures of Silicon Valley Bank and Signature Bank ,…
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HSBC urges SVB UK staff to assure clients their cash, loans are safe – memo
15
Mar

HSBC urges SVB UK staff to assure clients their cash, loans are safe – memo

LONDON, March 15 (Reuters) - HSBC's top bosses have called on employees at the rescued British arm of failed U.S. lender Silicon Valley Bank to assure clients "their deposits are…
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Global firms with exposure to collapsed SVB
13
Mar

Global firms with exposure to collapsed SVB

March 13 (Reuters) - Startup-focused lender SVB Financial Group became the largest bank to fail since the 2008 financial crisis last week, sending shockwaves across global markets as billions of…
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Experts flag moral hazard risk as U.S. intervenes in SVB crisis
13
Mar

Experts flag moral hazard risk as U.S. intervenes in SVB crisis

By Scott Murdoch and Carolina Mandl SYDNEY/NEW YORK, March 13 (Reuters) - U.S. regulators may have stemmed a banking crisis by guaranteeing deposits of collapsed Silicon Valley Bank (SVB), but…
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EU Commission monitoring SVB collapse, says very limited presence in EU
13
Mar

EU Commission monitoring SVB collapse, says very limited presence in EU

BRUSSELS, March 13 (Reuters) - The European Commission is monitoring the situation after the collapse of tech lender Silicon Valley Bank which has a very limited presence in the European…
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After SVB failure, US acts to shore up banking system confidence
13
Mar

After SVB failure, US acts to shore up banking system confidence

By Andrea Shalal, Howard Schneider and Pete Schroeder WASHINGTON/SINGAPORE, March 13 (Reuters) - U.S. authorities launched emergency measures on Sunday to shore up confidence in the banking system after the…
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UPDATED: HSBC rescues British arm of stricken Silicon Valley Bank
13
Mar

UPDATED: HSBC rescues British arm of stricken Silicon Valley Bank

U.S. authorities back depositors UK deal ends frantic weekend talks British finance minister: deposits safe By Iain Withers and William Schomberg LONDON, March 13 (Reuters) - HSBC bought the UK…
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Bitcoin, USDC stablecoin rally after US intervenes on SVB
13
Mar

Bitcoin, USDC stablecoin rally after US intervenes on SVB

SINGAPORE, March 13 (Reuters) - Bitcoin and other cryptocurrencies rallied on Monday after U.S. authorities announced plans to limit the fallout from the collapse of Silicon Valley Bank (SVB) and…
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