Por: MarketWatch Business March 12, 2023
The FDIC began an auction process late Saturday for Silicon Valley Bank, with final bids due by Sunday afternoon, Sunday. The FDIC is hoping for a quick deal but a winner may not be known until late Sunday, and it is possible no deal will be reached, sources told Bloomberg. Representatives for the FDIC didn’t immediately respond to requests for comment. Silicon Valley Bank, the 16th largest lender in the U.S., collapsed into FDIC receivership... + full article
Fox Business USA Business March 15, 2023
Fisher Investments founder Ken Fisher discusses the fallout from Silicon Valley Bank's sudden collapse on 'Varney & Co.' The collapse of Silicon Valley Bank reminded investors and banking customers about what's insured by the Federal Deposit Insurance... + más
SVB Is Now In the Hands of FDIC. Here’s How the Agency Works. | MarketWatch
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
As clients seek to recoup money saved at the bank, the FDIC must wrestle with the second-largest bank failure by assets in its history—and the largest since the 2008-2009 financial crisis. Will companies and individuals get their deposits back in whole? It depends on where... + más
The FDIC began an auction process late Saturday for Silicon Valley Bank, with final bids due by Sunday afternoon, Sunday. The FDIC is hoping for a quick deal but a winner may not be known until late Sunday, and it is possible no deal will be reached, sources told Bloomberg.... + más
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
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