The Park Avenue location of Silicon Valley Bank, in New York City. (Photo Credit - Reuters)

US regulators shut down Silicon Valley Bank

Mar 11, 2023

California regulators closed down the tech lender and put it under the control of the US Federal Deposit Insurance Corporation.
US Federal Reserve governor Michelle Bowman (Image: US Fed website)

Banking system remains resilient, solid: US Fed governer Michelle Bowman amid crisis

Mar 15, 2023

Last Friday, Silicon Valley Bank was collapsed while on Sunday, Signature Bank too had to be closed.
USISPF's Startup Connect Statement on Silicon Valley Bank Crisis

USISPF's Startup Connect Statement on Silicon Valley Bank Crisis

Mar 13, 2023

New Delhi [India], March 13 (ANI/BusinessWire India): In light of the sudden collapse of Silicon Valley Bank, Dr Mukesh Aghi, President and CEO of...
Twitter CEO Elon Musk

Musk says he's open to buying Silicon Valley Bank

Mar 11, 2023

His tweet came after the California Department of Financial Protection and Innovation shut down SVB on Friday, less than two days after the bank...
Image: Twitter/Federal Deposit Insurance Corporation

First Citizens Bank acquires deposits and loans of failed Silicon Valley Bank

Mar 27, 2023

The Federal Deposit Insurance Corporation (FDIC) entered into a purchase and assumption agreement for all deposits and loans of recently failed US-based Silicon Valley...
Silicon Valley Bank website (Photo/svb.com)

US lender Silicon Valley Bank fails after run on deposits

Mar 11, 2023

The bank's failure is the second-largest in US history, and the largest since the financial crisis of 2008, NYT said.
Image: Twitter/Federal Reserve

Savings of depositors safe, says US after two banks collapse

Mar 13, 2023
Image: Twitter/FDIC

New York's Signature Bank collapses, becomes 2nd US bank to be shut down

Mar 13, 2023
HSBC India MD Ranjan Bhattacharya (Image: ANI)

HSBC offers Gift City option to Indian startups looking to transfer funds from Silicon Valley Bank

Mar 15, 2023
Image: Twitter/HSBC

HSBC buys failed Silicon Valley Bank's UK arm for just 1 pound

Mar 13, 2023
Silicon Valley Bank headquarters in Santa Clara, California, US. (Photo: Reuters)

Management's failure to deal with risks, lack of supervisory oversight sank Silicon Valley Bank

May 16, 2023
(Photo Courtesy Twitter account of US Federal Reserve/@federalreserve)

Recent bank failures show need for vigilance: US Federal Reserve

May 16, 2023

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