Por: CNBC Tech March 13, 2023
Nikolas Kokovlis Nurphoto Getty Images historic last week was largely attributed to deteriorating business conditions in the firm's concentrated customer base and an ill-timed decision to invest billions of dollars in mortgage-backed securities.But long-time clients and others with intimate knowledge of how SVB operated say the bank did itself no favors. Between the bank's refusal to upgrade its technology to meet the demands of... + full article
NBC News USA Business March 13, 2023
Silicon Valley Bank’s historic meltdown last week was largely attributed to deteriorating business conditions in the firm’s concentrated customer base and an ill-timed decision to invest billions of dollars in mortgage-backed securities. But long-time clients and others... + más
SVB's tech failings were a problem long before the bank run that led to its demise, critics say | CNBC
Silicon Valley Bank Collapse Suggests 0% Reserve Requirement Won’t Halt Bank Runs | Forbes
Newsweek USA Business March 13, 2023
The collapse of Silicon Valley Bank (SVB), a 40-year-old California-headquartered bank that had become a startup tech sector's favorite, has shaken the financial world in the past few days.But what led to such a disastrous outcome for a lender that had established itself as... + más
Silicon Valley Bank's holding company files for Chapter 11 bankruptcy protection in NY | Fox Business
nIn a five-minute speech before taking off for San Diego, the president assured Americans that the U.S. banking system is safe and that no losses will be borne by the taxpayers.nSilicon Valley Bank and Signature Bank have been shut down by state regulators in California and New... + más
All the Companies Facing Major Troubles After SVB’s Collapse | The Daily Beast
SVB's tech failings were a problem long before the run that led to its demise, critics say | NBC News
MarketWatch USA Business March 12, 2023
SVB was the second-largest FDIC-insured bank to fail in U.S. history. Many of SVB’s clients, which included startups and venture-capital firms, raised a ton of cash during the pandemic, leading to a surge in their deposits. By the first quarter of 2020, the bank had over $60... + más
Why SVB’s Failure May Cause More Pain for Customers Than Washington Mutual’s Did | MarketWatch
The Daily Beast USA Nation March 12, 2023
As a result of , a bevy of companies have started releasing filing information, sending out calls for help, and putting holds on their company’s payroll systems. Businesses like , , and are among them.The Federal Deposit Insurance Corporation (FDIC) seized SVB’s $209 billion... + más
Why did Silicon Valley Bank collapse? Is First Republic next? Expert explains. | ABC7
CNBC USA Tech March 11, 2023
In this articlewatch nowVIDEO2:4202:42Silicon Valley Bank meltdown: Here's how it happened in real-timeVenture capitalists and technology executives are scrambling to make sense of and account for the potential repercussions of the sudden implosion of Silicon Valley Bank on... + más
Silicon Valley is turning on its bank | Business Insider
Everyone's freaking out about SVB because everyone else is freaking out about SVB | Business Insider
About iurex | Privacy Policy | Disclaimer |