Por: 10 WBNS Nation March 21, 2023
The bidding process for the successor of is being extended by the Federal Deposit Insurance Corp. to give more time to work out a potential deal. The FDIC said Monday that there's been “substantial interest” from multiple parties for Silicon Valley Bridge Bank. The agency said it's going to allow parties to submit separate bids for Silicon Valley Bridge Bank and its subsidiary Silicon Valley Private Bank in order to simplify the... + full article
Fox Business USA Business March 27, 2023
Independent Institute senior fellow Judy Shelton reacts to the banking failure and gives her take on the Fed's rate hikes on 'Making Money.' The Silicon Valley Bank finally has a buyer. On Sunday, the Federal Deposit Insurance Corporation (FDIC) announced of... + más
What the FDIC does when a bank fails | CBS News
The FDIC and your bank deposits: What to know | Fox Business
The Daily Beast USA Nation March 27, 2023
Silicon Valley Bank has a new owner. The Federal Deposit Insurance Corporation (FDIC), which currently controls the institution and its assets, announced in a Monday morning that it had “entered into a purchase and assumption agreement for all deposits and loans of Silicon... + más
How Jerome Powell Killed Silicon Valley Bank | Forbes
Can the chaos from Silicon Valley Bank's fall be contained? | ABC News
CBS News USA Politics March 20, 2023
In recent years, bank failures have become rare. Prior to failing earlier this month, the last time the Federal Deposit Insurance Corp. (FDIC) took over a financial institution was in October 2020. But the failures of Silicon Valley Bank and Signature Bank are a reminder of the... + más
SVB Is Now In the Hands of FDIC. Here’s How the Agency Works. | MarketWatch
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
Fox Business USA Business March 13, 2023
Former Obama economic adviser and former CEO of UBS Robert Wolf breaks down the historic collapse of Silicon Valley Bank and the economic fallout that has followed on ‘Fox & Friends Weekend.’ Federal regulators are holding an auction for Silicon Valley Bank with bids due... + más
U.S. and U.K. regulators consider ways to help SVB depositors, FDIC auctioning assets | MarketWatch
MarketWatch USA Business March 12, 2023
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
Why SVB’s Failure May Cause More Pain for Customers Than Washington Mutual’s Did | MarketWatch
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