Wed, Oct 18, 2023
Citigroup did not disclose paper losses on its portfolio for the third quarter.
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Tue, May 02, 2023
Pocket FM, a Gurgaon-based audio streaming platform, announced today, May 2, that it has raised $16 million in debt funding from the US-based Silicon Valley Bank (SVB).
Sat, Apr 29, 2023
The report, authored by Federal Reserve staff and Michael Barr, the Fed's vice chair for supervision, takes a critical look at what the Fed missed as Silicon Valley Bank grew quickly in size in the years leading up to its collapse.
Tue, Mar 14, 2023
Why and how America's Silicon Valley Bank sank? Will the Federal Reserve's stance change after the banking crisis? Who is responsible for the US banking crisis? Watch to know the full 'INSIDE STORY' of US banking sector with Anil Singhvi.
Raamdeo Agrawal says Indian investors should not panic, and that patience will pay off for them
Many bank shares fell sharply despite US Fed's bailout plan. Signature Bank was also shutdown after the twin collapses of Silvergate Capital Corp and Silicon Valley Bank. After all, why did the shares of American banks fall drastically? Watch this special report of Aapki Khabar Aapka Fayda
In Tuesday's meeting, the MoS said that the government is exploring new avenues to support entrepreneurs. And added that the government will work with banks and stakeholders to encourage the development of innovative credit products. The step is poised to provide startups and VCs with more financing options.
Why and how America's Silicon Valley Bank sank? Will the Federal Reserve's stance change after the banking crisis? Who is responsible for the US banking crisis? Know the inside story of US banking sector with Anil Singhvi.
Mayopoulos, who joined the bank as CEO on Monday, said that new deposits, as well as existing ones, are protected by the Federal Deposit Insurance Corporation (FDIC) in the new bank called Silicon Valley Bank, N.A.
How much rate hike is expected from US Fed amid banking crisis and inflation? How much will the US Fed raise rates on March 22? What is the biggest challenge for the US Fed? Know from Anil Singhvi.
Mon, Mar 13, 2023
Biden in his address allayed fears, directly explaining what he has instructed his administration to do to protect small businesses and workers in the wake of regulator shutdowns of both Silicon Valley Bank and Signature Bank over the last few days.
Silicon Valley Bank (SVB), a major US lender for venture capital-backed companies, was seized by banking regulators on Friday. The closing of SVB is seen as the largest bank failure since the 2008 financial crisis. What will be its impact on Indian Start-Ups? Watch this special report of Aapki Khabar Aapka Fayda.
The collapse of the US-based Silicon Valley Bank (SVB), the world's largest vendor in the startup ecosystem has affected many startups in India. How much SVB invests in startups? Know the complete details from Ashish Chaturvedi.
HSBC said on Monday it is acquiring the UK subsidiary of Silicon Valley Bank for 1 pound. Know full details from Kushal Gupta in this video.
What action did the US government take after 2 banks went bankrupt? Are the fears about US banks still intact? What are the chances of interest rates not rising? What will US President Joe Biden say about the banking crisis? Watch Anil Singhvi's exclusive conversation with Ajay Bagga.
US Fed's mistake cost American banks? What will be the next move of US fed? How much will the interest rates increase, 0.25% or 0.50%? What is there to worry about in the US banking system? Know from Anil Singhvi.
Two US Banks collapsed in 48 hours. Why is Dow futures up? What will be the effect of increase in interest rates on banks? Watch all the details related to Silicon Valley Bank and Signature Bank here.
US market slipped again on Friday over the concerns of the bank bankruptcy. The Dow fell 350 points, whereas, Nasdaq lost 1.75%. Two banks lost $100 billion in 2 days. The Silicon Valley Bank crisis has taken a new turn as US regulators issued a closure order for the bank. US regulators took control of Silicon Valley Bank and Signature Bank. Silicon Valley Bank became the largest US bank to fail since the 2008. Apart from this, a new bank term 'funding program' was announced for banks. The US government assured all the depositors that their money is safe. All customers will be able to access their funds from today. In addition, the pace of adding jobs in the US is strong but there is no increase in salary.
What's happening in America's Silicon Valley Bank and Signature Bank? What will be the effect of bankruptcy of banks on the market? How will the interest rates of the US Fed be affected? Know from Ajay Bagga, Chairman of Elyments Platforms.
Sun, Mar 12, 2023
SVB was deeply-entrenched in the tech startup ecosystem and the default bank for many high-flying startups; its abrupt fall marked one of the largest bank failures since the 2008 global financial crisis.
Two of Silicon Valley Bank`s top officials dumped millions of dollars worth of stock just two weeks before the firm collapsed on Friday, an IANS report said.
Sat, Mar 11, 2023
Min-Liang Tan, co-founder and CEO of Razer (a consumer electronic company), tweeted: "I think Twitter should buy SVB and become a digital bank". To which Musk replied: "I`m open to the idea".
California banking regulators closed the bank, which did business as Silicon Valley Bank, on Friday and appointed the Federal Deposit Insurance Corporation (FDIC) as receiver for later disposition of its assets.
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