Por: MarketWatch 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 billion in total deposits. The number skyrocketed to nearly $200 billion just two years later. According to the FDIC, SVB had approximately $209 billion in total assets... + 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
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
All the Companies Facing Major Troubles After SVB’s Collapse | The Daily Beast
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
Forbes USA Business March 11, 2023
Topline Silicon Valley Bank collapsed in spectacular fashion Friday just days after it announced big losses, failing at attempts to raise funds or seek out a buyer, and creating the biggest bank failure in the United States since the Great Recession. SVB is the second-largest... + más
NFL Week 17 playoff picture and clinching scenarios: Bucs win NFC South; Giants clinch wild card | ESPN
Forget The New MacBook Pro, Apple Has Something Better | Forbes
Updated Mar 11, 2023, 02:37pm ESTTopline Roku—a hardware digital media company known for its streaming devices—held about 26% of its cash at Silicon Valley Bank Financial, to a securities filing, as other companies have disclosed ties to the firm after it was closed by... + más
Roku’s new lights, doorbells, and switches are TV-centered (and very familiar) | Ars Technica
Roblox Stock: Is This Game Stock A Good Play? | Forbes
CNBC USA Tech March 11, 2023
watch nowVIDEO2:4202:42Silicon Valley Bank meltdown: Here's how it happened in real-timeFinancial regulators have closed and taken control of its deposits, the Federal Deposit Insurance Corp. Friday, in what is the largest U.S. bank failure since the global financial crisis... + más
How Jerome Powell Killed Silicon Valley Bank | Forbes
How Silicon Valley Bank got burned | Fox Business
The Daily Beast USA Nation March 10, 2023
Police responded to Silicon Valley Bank’s (SVB) New York offices on Friday as panicked clients demanded their money amid the institution’s shocking implosion.The Federal Deposit Insurance Corporation (FDIC) just a few hours later, ordering the bank closed and taking control... + más
Why Deposit Insurance Didn’t Help Silicon Valley Bank | Forbes
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