Por: New York Post Tech March 13, 2023
Cryptocurrencies rebounded Monday after President Biden announced plans to limit the fallout from the collapse of two regional banks and the issuer of the USD Coin stablecoin said it remained redeemable with the dollar. USD Coin, also known as USDC, recovered to $0.998, up from a record low of $0.87 hit on Saturday, far below its intended peg of 1:1 against the dollar. The fall was sparked by concerns on the exposure of Circle — the US firm... + 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
CNBC USA Tech March 13, 2023
In this articleA delivery person drops off pizzas at Silicon Valley Banks headquarters in Santa Clara, California on March 10, 2023.Noah Berger AFP Getty Images had exclusivity clauses with some of its clients, limiting their ability to tap banking services from other... + más
How Jerome Powell Killed Silicon Valley Bank | Forbes
Can the chaos from Silicon Valley Bank's fall be contained? | ABC News
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... + más
SVB's tech failings were a problem long before the run that led to its demise, critics say | NBC News
What happened to SVB in simple terms | Newsweek
New York Post USA Tech March 13, 2023
Two executives atand one of its corporate siblings faced social media scrutiny Monday over their ties to notoriously troubled financial giants — the now-shuttered Lehman Brothers and the scandal-scarred Deutsche Bank. The employment records of SVB’s Kim Olson and SVB... + más
Who is Joseph Gentile? Silicon Valley Bank exec scrutinized after collapse | Newsweek
Silicon Valley Bank exec was Lehman Brothers CFO prior to 2008 collapse | Fox Business
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
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
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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