Tag: silicon valley bank collapse reason
Britain’s tech sector at ‘serious risk’ after SVB collapse, says Chancellor
Britain’s technology and life sciences sectors are at “serious risk” following the closure of the Silicon Valley Bank, Chancellor Jeremy Hunt warned on Sunday. The…
Silicon Valley Bank collapse: Here’s why it’s not 2008 again
The financial institution best known for its relationships with high-flying world technology startups and venture capital, Silicon Valley Bank, experienced one of the oldest problems…
A week of mayhem: Two US banks collapse back-to-back, are more failures looming?
On Monday, the head of the Federal Deposit Insurance Corp. warned a gathering of bankers in Washington about a $620 billion risk lurking in the…
Silicon Valley Bank collapse: What we know so far about failed US lender
The collapse of a lender little-known outside of Silicon Valley is reverberating around the startup world and deepening uncertainty within the financial industry. On Friday,…
Silicon Valley Bank collapse: Who is Greg Becker? 5 points
Silicon Valley Bank (SVB) has become the biggest United States lender to collapse – seen as the largest failure of a financial institution since the…