Tag: silicon valley bank latest update
Posted in Business
SVB Financial group seeks bankruptcy protection amid banking crisis
SVB Financial Group said on Friday it filed for a court-supervised reorganization under Chapter 11 bankruptcy protection to seek buyers for its assets, days after…
Posted in Business
After Silicon Valley Bank failure, fears over this major global bank’s collapse
Swiss lender Credit Suisse Group AG’s chairman Axel Lehmann said state assistance “isn’t a topic” for the bank as it seeks to recover from a…
Posted in Business
‘How stupid…’: Silicon Valley Bank employee blames this person for collapse
The Silicon Valley Bank collapse has triggered frenzy among financial experts who are concerned about the state of US economy. The Biden administration has announced…