Business Insider1y
Founders and VCs reveal why they're sticking with the failed Silicon Valley Bank, at least for now: 'We owe them to keep them healthy'
But some founders and VCs, like Shaprio, have chosen to stay with their hometown bank. 'Open for business' On Monday, newly-minted SVB CEO Tim Mayopoulos released a memo describing the bank as ...
Business Insider1y
Panic and recrimination: Inside Silicon Valley's first real financial crisis
At an event, the investor bumped into some SVB employees who admitted it wasn't just that one company; the usually founder-friendly bank had suddenly become much stricter with its startup customers.
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A Year After SVB's Collapse: What Has and Hasn't Changed?
People line up outside of the shuttered Silicon Valley Bank (SVB) headquarters on March 10, 2023 in Santa Clara, California. (Photo by Justin Sullivan/Getty Images) Founders reflect on their new ...
Forbes1y
SVB Is One More Example Of A Governance Crisis That Seems To Be Only Foretold By Short Sellers, Despite Plenty Of Red Flags Hiding In Plain Sight
The failure of Silicon Valley Bank (SVB) is perhaps the biggest in recent banking history. When an event like this unfolds, the usual questions that arise: (i) was this a complete surprise?
inc421y
A Weekend Of Terror: How Indian Startup Founders Endured The SVB Collapse
He added that there were many failed attempts by founders like him to wire the money to other bank accounts on Friday, but by then the FDIC took the reins of SVB and it felt like the game was over.
National Mortgage News13d
GAO: post-SVB emergency actions 'likely' prevented crisis
A Government Accountability Office report Thursday said emergency actions taken by federal regulators in the wake of Silicon ...
HSBC is thinking globally, but acting locally, to build 'Innovation Banking' from the Bay Area
Buying the U.K. operations of SVB for barely $1 gave HSBC a toehold for its startup banking ambitions Silicon Valley Bank’s ...
Claman Countdown | Latest Episodes
Market Rebellion co-founder Jon Najarian and Thru The Cycle president John Lonski analyze the stability of regional banks ahead of the Fed's next interest rate decision on 'The Claman Countdown.' ...
The Business Journals14d
HSBC is thinking globally, but acting locally, to build 'Innovation Banking' from the Bay Area
SVB and other banks require a greater percentage of the company’s deposits to be held at the bank as a condition of lending to them. That presents a hurdle for HSBC in winning over founders who ...