Category: Business
For this tech startup founder, SVB collapse affects ‘parents putting dinner…’
The Silicon Valley Bank collapse has triggered chaos across United States and rest of the world. Everyone right from big startups to the smaller ones…
Petrol and diesel prices today: Know latest fuel rates in your city
The petrol and diesel rates remained unchanged on Monday. According to fuel prices announced by the oil companies, petrol was being sold in Delhi at…
Could Silicon Valley Bank collapse affect European banks? Experts say…
The failure of Silicon Valley Bank isn’t a blueprint for similar issues at European lenders, which remain attractive for investors as interest rates rise, according…
Experts flag moral hazard risk as US regulators intervene in SVB crisis
U.S. regulators may have stemmed a banking crisis by guaranteeing deposits of collapsed Silicon Valley Bank (SVB), but some experts warn that the move has…
HSBC buys UK arm of Silicon Valley Bank for ₹99, gets deposits worth US$ 8.1bn
The British government on Monday said it had facilitated a private sale of the United Kingdom arm of the collapsed Silicon Valley Bank to HSBC…
Silicon Valley Bank collapse: What is a bailout and Bank Funding Term Program?
The collapse of the Silicon Valley Bank has triggered concerns about the state of US economy. The Biden administration refused a federal bailout of the…
Here are the biggest Asian companies caught in SVB’s fallout
Some Asian technology firms have disclosed cash deposits at troubled US lender Silicon Valley Bank, known for its deep ties with the sector, with most…
How the US Federal Reserve is handling the Silicon Valley Bank crisis
The collapse of Silicon Valley Bank was swift and brutal, and left much of the world wondering what would come next. As the only publicly…
Signature Bank closed; US bails out SVB depositors: Top 10 updates
After the failure of two regional US banks, Silicon Valley Bank and Signature Bank, most Asian markets fell on Monday, even as officials vowed to…
Silicon Valley Bank collapse: Biden administration’s relief to depositors, says…
The depositors of the now shut Silicon Valley Bank will have access to all of their money from Monday, a joint statement by US treasury…