Benzinga

MARCH 10, 2023

Silicon Valley Bank has been closed Friday by the California Department of Financial Protection and Innovation , and the Federal Deposit Insurance Corporation has been appointed as the bank's receiver.

Banking 98

Banking 98

Benchmark Report

APRIL 27, 2023

Silicon Valley Bank (SVB), based in Santa Clara, California, was the U.S.'s s 16th largest bank until it failed after a run on its deposits in March of 2023, causing it to be seized by California's Department of Financial Protection and Innovation (DFPI), which operates under California Business, Consumer Services, and Housing Agency.

Banking 52

Banking Technology 52

Chris Mercer

MAY 19, 2023

Silicon Valley Bank was taken over, or at least substantial assets and liabilities were assumed, by First Citizens Bank & Trust Company (Raleigh, North Carolina). What caused SVB to fail? A Short Digression from SVB? But there are some memories from our consulting days that are relevant to SVB. What really happened?

Banking 98

Banking Treasury Start-ups Marketability 98

Benzinga

MAY 16, 2023

Benzinga Former SVB Chief Blames Fed, Media Hype For Bank's Devastating Collapse Greg Becker , the former CEO of SVB Financial Group , the parent company of Silicon Valley Bank , attributed the bank's collapse to a combination of factors, including rapid rate hikes by the Federal Reserve and negative sentiment amplified by social media.

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Banking Marketability 52

Lighter Capital

MARCH 11, 2023

For almost 40 years, SVB helped startups and technology companies succeed, including Lighter Capital. While SVB and Lighter Capital worked together for many years, SVB has never been a credit facility provider for Lighter Capital. Our ability to continue funding startups is unaffected by the recent SVB events.

Banking 52

Banking Start-ups Finance Equity 52

Valutico

MARCH 20, 2023

HSBC Holdings plc Weekly Valuation – Valutico | 20 March 2023 Link to the valuation Context The past weeks, the financial market was rattled by the collapse of Silicon Valley Bank, the go-to bank for tech startups, serving half of America’s venture capital-backed tech firms. billion we suggest that the company is fairly valued.

Dividends 52

Dividends Banking Equity Market Capitalization 52

Valutico

APRIL 7, 2023

The agreement is expected to alleviate some of the chaos that has been shaking the financial system, and the announcement has caused local bank stocks to rise significantly. Its growth strategy has included the acquisition of distressed banks, having purchased 12 banks out of receivership since the global financial crisis.

Banking 52

Banking Equity Market Capitalization Finance 52