A Canadian regulator on Sunday said it was taking temporary control of Silicon Valley Bank's Canadian branch, as the fallout from the collapsed U.S. startup-focused lender reverberated around the world.
The main entrance of Silicon Valley Bank is seen in Menlo Park, California U.S., on Friday, March 10, 2023. REUTERS/Michaela Vatcheva
Canadian branch, as the fallout from the collapsed U.S. startup-focused lender reverberated around the world.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
How Silicon Valley Turned on Silicon Valley BankThe fallout from Silicon Valley Bank threatens to engulf Silicon Valley—and has put the rest of the banking system on edge
Weiterlesen »
Silicon Valley Bank: From tech rock star to failed bankFounded in 1983, the bank became a dominant banking services partner for technology startups. Silicon Valley Bank’s recent clients included 44% of the venture capital backed U.S. companies that went public in 2022.
Weiterlesen »
Silicon Valley Bank seized by FDIC, marking largest shutdown of a US bank since 2008BREAKING: The Federal Deposit Insurance Corporation seized the assets of Silicon Valley Bank, marking the largest bank failure since Washington Mutual in 2008.
Weiterlesen »
Bank of England seeks to wind up Silicon Valley Bank's UK armThe Bank of England said on Friday that it was seeking a court order to place Silicon Valley Bank UK Limited into an insolvency procedure, after U.S. regulators took over its parent company, SVB Financial Group , earlier in the day.
Weiterlesen »
Silicon Valley Bank seized by FDIC, marking largest shutdown of a US bank since 2008Its failure marks the largest shutdown of a US bank since 2008, when Washington Mutual fell during the financial crisis.
Weiterlesen »
Silicon Valley Bank CEO sold $3.6 million in stock days before the bank’s failureSilicon Valley Bank Chief Executive Officer Greg Becker sold $3.6 million of company stock under a trading plan less than two weeks before the firm disclosed extensive losses that led to its failur…
Weiterlesen »