Silicon Valley Bank
The Latest
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Silicon Valley Bank Bailout: Unveiling the List of Tech Titans Saved by FDIC
This includes Sequoia Capital, which held $1 billion at the bank, and KanZhun Ltd., the parent company of job search platforms Boss Zhipin and Kanzhun, with more than $900 million in the bank. 
This includes Sequoia Capital, which held $1 billion at the bank, and KanZhun Ltd., the parent company of job search platforms Boss Zhipin and Kanzhun, with more than $900 million in the bank. -
FDIC Reportedly Pursuing Sale of Silicon Valley Bank, Signature Bank Securities Portfolios
Sources familiar with the matter claim that the FDIC is seeking advisors to sell the securities portfolios of failed Silicon Valley Bank and Signature Bank, which their new owners declined to take on. The portfolios consist of low-yielding assets, such as Treasuries and U.S. government agency-backed securities, which the two regional banks accumulated when interest rates were near zero. 
Sources familiar with the matter claim that the FDIC is seeking advisors to sell the securities portfolios of failed Silicon Valley Bank and Signature Bank, which their new owners declined to take on. The portfolios consist of low-yielding assets, such as Treasuries and U.S. government agency-backed securities, which the two regional banks accumulated when interest rates were near zero. -
First Citizens Secures Acquisition of Troubled Silicon Valley Bank
First Citizens BancShares Inc. (FCNCA.O) announced on Monday its agreement to acquire the loans and deposits of the beleaguered Silicon Valley Bank, marking an end to a chapter in the crisis of confidence that has shaken global financial markets. 
First Citizens BancShares Inc. (FCNCA.O) announced on Monday its agreement to acquire the loans and deposits of the beleaguered Silicon Valley Bank, marking an end to a chapter in the crisis of confidence that has shaken global financial markets. -
First Citizens Reportedly Nearing Acquisition of Silicon Valley Bank
First Citizens BancShares Inc is said to be in advanced negotiations to purchase Silicon Valley Bank, according to an anonymous source who spoke with Reuters on Sunday. 
First Citizens BancShares Inc is said to be in advanced negotiations to purchase Silicon Valley Bank, according to an anonymous source who spoke with Reuters on Sunday. -
HSBC acquires UK arm of Silicon Valley Bank for nominal price
HSBC, one of the world's largest banks, has acquired the UK division of Silicon Valley Bank (SVB) for the nominal price of £1, following the bank's collapse last week. The deal has been approved by the Bank of England (BoE) and will safeguard UK firms with investments and deposits in SVB from any negative fallout from the bank's demise. 
HSBC, one of the world's largest banks, has acquired the UK division of Silicon Valley Bank (SVB) for the nominal price of £1, following the bank's collapse last week. The deal has been approved by the Bank of England (BoE) and will safeguard UK firms with investments and deposits in SVB from any negative fallout from the bank's demise. -
Silver Valley Bank Depositors Will Get Full Access To Funds, U.S. Regulators Assure
The Federal Reserve stepped in with a separate facility that will provide loans up to one year for institutions affected by the sudden collapse 
The Federal Reserve stepped in with a separate facility that will provide loans up to one year for institutions affected by the sudden collapse -
Silicon Valley Bank Failure: FDIC Takes Over as Depositors Fear Losses
California regulators closed down Silicon Valley Bank on Friday, marking the most significant bank failure in the United States since 2008, with the US Federal Deposit Insurance Corporation (FDIC) taking over the failed bank. 
California regulators closed down Silicon Valley Bank on Friday, marking the most significant bank failure in the United States since 2008, with the US Federal Deposit Insurance Corporation (FDIC) taking over the failed bank.
