Tag: svb
svb: SVB resolution reassuring, will bring relief to startups: IT Minister Ashwini Vaishnaw
Amid US administration’s move to protect depositors of Silicon Valley Bank, IT Minister Ashwini Vaishnaw on Monday said that the SVB resolution is “reassuring” and…
Domestic Startups: CII bats for domestic financial ecosystem to support startups
With several domestic startups facing the heat due to the collapse of Silicon Valley Bank, CII President Sanjiv Bajaj on Monday said that India could…
SVB crisis startup resolution: Startups hoping for quick resolution of SVB crisis post FDIC intervention
The joint statement from the US Treasury, Federal Reserve and Federal Deposit Insurance Corporation (FDIC) stating that depositors will have access to all of their…
fdic: FDIC transfers all Silicon Valley Bank deposits to new bridge bank
To protect all depositors of Silicon Valley Bank, the US Federal Deposit Insurance Corporation (FDIC) today transferred all deposits—both insured and uninsured—and a substantial part…
Biden: SVB solution ensures taxpayer dollars are not put at risk: President Biden
WASHINGTON: US President Joe Biden has assured the American people and businesses that a resolution of the collapse of the Silicon Valley Bank will not…
silicon valley: Can the chaos from Silicon Valley Bank’s fall be contained?
Can Washington come to the rescue of the depositors of failed Silicon Valley Bank? Is it even politically possible? That was one of the growing…
fdic: FDIC auction for failed SVB underway, final bids due Sunday
The Federal Deposit Insurance Corp. kicked off an auction process late Saturday for Silicon Valley Bank, with final bids due by Sunday afternoon, according to…
I bought SVB shares at low prices, but then…: How Torre’s CEO lost savings
Silicon Valley Bank’s (SVB) failure has shocked the global financial market, and depositors are concerned of their funds trapped in the failed institution. With the…
‘Kids want…,’ Adani CFO pot-shot at US investor Ackman seeking bailout for SVB
Adani Group’s Chief Financial Officer (CFO) Jugeshinder Robbie Singh took a jab at American billionaire investor Bill Ackman, who had been a fierce critic of…
vijay shekhar sharma: SVB fully exited Paytm by selling stake to private investors, clarifies Vijay Shekhar Sharma
Silicon Valley Bank, whose operations have been abruptly closed due to financial irregularities, has fully exited One 97 Communications and has no investments as of…