Indian banking system less prone to SVB-like incidents: Ministry of Finance report

Apr 25, 2023

The collapse of a few regional banks in the US, which started with Silicon Valley Bank, and the takeover of the crisis-hit Credit Suisse...

Switzerland's biggest bank agrees to take over Credit Suisse

Mar 19, 2023

The Swiss National Bank, in a statement, said, "UBS today announced the takeover of Credit Suisse."

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...

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.

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

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...