SVB

Silicon Valley Bank invests $16 million in Gurgaon-based startup...

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).

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Share Market HIGHLIGHTS: Nifty holds 17,600, Sensex retreats 263...

Mon, Apr 10, 2023

Share Market HIGHLIGHTS: Indian equity benchmarks Nifty 50 and Sensex rose in early deals on Monday as the market entered yet another holiday-truncated week. Globally, equities saw cautious gains after US jobs data suggested a tight labour market in the world's largest economy and fuelled fears of more of aggressive hikes in benchmark interest rates. Catch HIGHLIGHTS of all the action in the Indian share market on April 10, market commentary and analysis, the views of Zee Business Managing Editor Anil Singhvi and other experts, stocks to buy and trade recommendations only on Zeebiz.com's blog.

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Share Market HIGHLIGHTS: Nifty 50 almost makes it to 17,600, Sens...

Thu, Apr 06, 2023

Share Market HIGHLIGHTS: Indian equity benchmarks Nifty 50 and Sensex extended gains to the fifth session in a row on Thursday, April 6, as the RBI's decision to hold the key lending rate at the exiting 6.5 per cent surprised Dalal Street. RBI Governor Shaktikanta Das maintained the policy stance at ' withdrawal of accommodation' but warned of more hikes to tame inflation, as he reiterated the MPC's commitment to tame red-hot inflation. Catch HIGHLIGHTS of all the action in the Indian share market on Zeebiz.com's blog. Follow this space for market commentary and analysis, the views of Zee Business Managing Editor Anil Singhvi and other experts, stocks to buy and trade recommendations.

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Share Market HIGHLIGHTS: Sensex soars 2,076 pts in four days, Nif...

Wed, Apr 05, 2023

Share Market HIGHLIGHTS: Indian equity benchmarks Nifty 50 and Sensex held on to the green after a mildly positive start on Wednesday, April 5, as the Indian share market resumed trading following the Mahavir Jayanti holiday. The Indian share market shrugged off largely negative cues from its global peers, as signs of a slowing US labour market and slowing manufacturing activity led to nervousness among investors about the economic outlook. All eyes back home remain on a key decision on benchmark interest rates by RBI Governor Shaktikanta Das-led Monetary Policy Committee due on Thursday. Catch HIGHLIGHTS of all the action in the Indian share market on April 5, market commentary and analysis, the views of Zee Business Managing Editor Anil Singhvi and other experts, stocks to buy and trade recommendations only on Zeebiz.com's blog.

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Share Market HIGHLIGHTS: Nifty almost makes it to 17,400, Sensex...

Mon, Apr 03, 2023

Share Market HIGHLIGHTS: Indian equity benchmarks Nifty 50 and Sensex finished a choppy day in the green on Monday, as the Indian stock market entered a three-session, holiday-truncated week on account of Mahavir Jayanti and Good Friday holidays. Catch minute-by-minute updates on all the action in the Indian stock market on April 3 — the last trading session and the last day of the financial year 2022-23, market commentary and analysis, the views of Zee Business Managing Editor Anil Singhvi and other experts, stocks to buy and trade recommendations only on Zeebiz.com's blog.

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Share Market HIGHLIGHTS: Sensex rallies 1,031 pts, Nifty 50 recla...

Fri, Mar 31, 2023

Share Market HIGHLIGHTS: Indian equity benchmarks Nifty 50 and Sensex staged a rally on Friday backed by strong buying interest across sectors, as trading resumed after the Ram Navami holiday. Catch HIGHLIGHTS of all the action in the Indian share market on March 31, market commentary and analysis, the views of Zee Business Managing Editor Anil Singhvi and other experts, stocks to buy and trade recommendations only on Zeebiz.com's blog.

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US Stock Market HIGHLIGHTS: Dow Jones jumps over 300 pts, US tech...

Wed, Mar 29, 2023

US stock market HIGHLIGHTS: The three main Wall Street indices — the Dow Jones Industrial Average, the S&P 500 and the Nasdaq Composite — finished with sharp gains on Wednesday following a strong strat to the session on Wednesday. Catch HIGHLIGHTS of all the action in the US stock market on March 29.

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Share Market HIGHLIGHTS: Nifty reclaims 17,050, Sensex ends F...

Wed, Mar 29, 2023

Share Market HIGHLIGHTS: Indian equity benchmarks Nifty 50 and Sensex finished higher on Wednesday amid broad--based gains, with financial, IT and FMCG shares being the top contributors. Globally, shares saw mixed moves as a rescue deal for Silicon Valley Bank (SVB) brought a sigh of relief to investors rocked by wild swings in banking shares but caution persisted about higher-for-longer interest rates. Catch minute-by-minute highlights of all the action in the Indian share market on March 29, market commentary and analysis, the views of Zee Business Managing Editor Anil Singhvi and other experts, stocks to buy and trade recommendations only on Zeebiz.com's blog.

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US stock market today: Dow Jones jumps over 100 pts, S&P 500,...

Tue, Mar 28, 2023

US stock market today: The three main indices of the US stock market staged mixed moves on Tuesday, mirroring moves across their Asian and European peers, as a deal between First Citizen and the failed Silicon Valley Bank (SVB) aided the sentiment in banking shares but caution persisted among investors about higher-for-longer benchmark interest rates. Banking stocks have been rocked over the past few weeks thanks to the sudden collapse of SVB and fresh problems at Credit Suisse followed by its takeover.

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Share Market HIGHLIGHTS: Nifty falls 110 pts from day's high...

Tue, Mar 28, 2023

Share Market HIGHLIGHTS: Indian equity benchmarks Nifty 50 and Sensex finished a volatile session on Tuesday with minor losses, amid mixed moves across global markets after a deal between First Citizens BancShares and Silicon Valley Bank (SVB) brought a sigh of relief to investors rocked by wild swings in banking shares amid concerns about the health of the system. The US stock market is likely to open on a muted note, despite gains across Asia and Europe, as indicated by Dow Jones futures, which gave up initial gains to turn flat in afternoon deals India time. Global, the SVB deal shifted focus somewhat from worries about higher-for-longer interest rates. The Indian financial market will remain shut on Thursday for the Ram Navami holiday.  Catch highlights of all the action in the Indian share market on March 28, market commentary and analysis, the views of Zee Business Managing Editor Anil Singhvi and other experts, stocks to buy and trade recommendations only on Zeebiz.com's blog.

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First Citizens agrees to acquire Silicon Valley Bank: FDIC

Mon, Mar 27, 2023

The deal includes assets worth around $72 billion from Silicon Valley Bridge Bank, National Association on a discount of $16.5 billion. A total of $90 billion in securities and other assets will still be under receivership for the FDIC to sell.  

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Share Market HIGHLIGHTS: Nifty 50 comes within 14 pts of 17,000,...

Mon, Mar 27, 2023

Share Market HIGHLIGHTS: Indian equity benchmarks Nifty 50 and Sensex managed to halt a two-day losing streak with a mild gain on Monday, March 27, as Dalal Street entered a four-trading session week owing to the Ram Navami holiday on Thursday. The rise in the Indian share market comes amid mixed moves across global peers, as optimism about resilience of the banking sector following the Silicon Valley Bank (SVB) and Credit Suisse crisis is countered by the prospect of higher-for-longer interest rates. Catch HIGHLIGHTS of all the action in the Indian share market on March 27, market commentary and analysis, the views of Zee Business Managing Editor Anil Singhvi and other experts, stocks to buy and trade recommendations only on Zeebiz.com's blog:

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Share Market HIGHLIGHTS: Nifty 50 sinks below 16,950, Sensex ends...

Fri, Mar 24, 2023

Share Market HIGHLIGHTS: Indian equity benchmarks Nifty 50 and Sensex finished a volatile session lower on Friday, falling for a second straight day, dragged by heavyweights such as Reliance, Larsen & Toubro (LT), Bajaj Finance (BAJFINANCE), Bajaj Finserv (BAJFINSV) and ICICI Bank (ICICI Bank). The Indian stock market took negative cues from its Asian and European peers following a wild session in the US, where Treasury Secretary Janet Yellen vowed to take steps to keep deposits safe a day after Fed Chair Jerome Powell announced a hike in the key US interest rates and promised safety of the banking system. Catch highlights of the March 24 session in the Indian share market, the views of Zee Business Managing Editor Anil Singhvi and other experts, realtime market analysis and much more only on Zeebiz.com's blog:

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Share Market HIGHLIGHTS: Nifty sheds 75 pts to give up 17,100, Se...

Thu, Mar 23, 2023

Stock Market Today LIVE: Indian equity benchmarks Nifty and Sensex ended a volatile session lower on Thursday, after the Fed's widely-expected 25-basis-point rate hike and promise to continue to fight red-hot inflation amid banking turmoil brought the nervousness back on Wall Street and Asian markets. Catch highlights of the March 23 session in the Indian stock market, market commentary and analysis, the views of Zee Business Managing Editor Anil Singhvi and other experts, stocks to buy and trade recommendations only on Zeebiz.com's blog.

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Bajaj Finserv's Sanjiv Bajaj calls Indian banking strong, as...

Tue, Mar 21, 2023

Sanjiv Bajaj, president of the Confederation of Indian Industry, says that the Reserve Bank of India is a strong regulator and has been keeping a close watch on the Indian banking system for long time

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SVB, Credit Suisse & First Republic Bank Survive, What's...

Mon, Mar 20, 2023

SVB, Credit Suisse & First Republic Bank survive, what's the next concern? How to understand the Credit Suisse-UBS deal? How much relief in banking crisis with the help of Warren Buffett? Know from Ajay Bagga, Chairman of Elyments Platforms.

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European Central Bank: ECB backs big rate hike despite bank chaos

Thu, Mar 16, 2023

The ECB hiked rates by half a percentage point Thursday, underlining its determination to fight high inflation

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Nifty50 closes below 17,000 mark after five months — key factors...

Wed, Mar 15, 2023

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Silicon Valley Bank case: Indian startups have withdrawn this muc...

Wed, Mar 15, 2023

Startups have the facility of withdrawing 100% of their capital from SVB

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US Bank Crisis: Meltdown of SVB, Signature Bank won't affect...

Tue, Mar 14, 2023

Raamdeo Agrawal says Indian investors should not panic, and that patience will pay off for them

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2,448 pts gone in Sensex in four days, investors poorer by Rs 9.8...

Tue, Mar 14, 2023

Indian equity benchmarks Sensex and Nifty50 extended losses to the fourth back-to-back session on Tuesday to hit five-month closing lows. Gains across a majority of sectors in the Indian share market weighed on the headline indices, with financial and IT shares being the biggest drags. Globally, investors awaited a key US inflation reading to assess the future course of interest rates amid a banking shares-led sell-off across global markets following the collapse of US-based startup lender Silicon Valley Bank (SVB). 

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Conducting business as usual: New SVB CEO Tim Mayopoulos sends em...

Tue, Mar 14, 2023

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.

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HSBC acquires UK subsidiary of Silicon Valley Bank for 1 pound

Mon, Mar 13, 2023

HSBC said on Monday it is acquiring the UK subsidiary of Silicon Valley Bank for 1 pound."This acquisition makes excellent strategic sense for our business in the UK," HSBC CEO Noel Quinn said in a statement.

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