Silicon Valley Bank

News and Trends

Government's Prompt Action Ensured Indian Startups Were Not Adversely Impacted By SVB Crisis, Says Ashwini Vaishnaw

The minister further urged the entire startup community to think of the Indian banking sector as their trusted partner

Business News

Collapsed Silicon Valley Bank Finds a Buyer

The Federal Deposit Insurance Corporation announced on Sunday that First Citizens Bank had purchased all deposits and loans of the collapsed SVB that helped set off a global crisis.

News and Trends

First Citizens Bank Buys Assets Of Silicon Valley Bank, Says FDIC

As per the reports suggest, the depositors of Silicon Valley Bridge Bank, National Association will automatically become the depositors of First Citizen & Trust Company

News and Trends

Indian Startups Have Deposits Worth $1 Billion In SVB, Says Rajeev Chandrasekhar

During a Twitter live session, Chandrasekhar said he heard that over $200 million of startups' deposits have been transferred to GIFT City bank

Growing a Business

If Allegations Against Silicon Valley Bank Are True, The Extent of Corporate Fraud Is Even Worse Than Expected — Here's Why and What That Means for You.

Behavioral economist shares best practices for addressing corporate fraud, as well as some real-world examples of how this issue has affected companies.

Business News

Silicon Valley Bank's Ousted CEO Cashed in Weeks Ago. Now There's a New Sheriff In Town, and He's No Stranger to a Crisis

New CEO Tim Mayopoulos says he has "experience in these kinds of situations."

News and Trends

SVB Crisis: Startups Can Approach Indian Banking System, Says Rajeev Chandrasekhar

The minister also guaranteed that Indian government is working on ways to shield them from economic vulnerability

Business News

Employees Are Hawking Their Silicon Valley Bank Merch on eBay

If you're in the market for a used cardboard SVB box, it can be yours for $201.

Business News

Signature Bank Shuts Down After Billion-Dollar Bank Run

This is the second large bank failure in less than a week.