By Hannah Lang (Reuters) – Greg Becker, the former chief executive officer of Silicon Valley Bank, is set to appear before the U.S. Congress on Tuesday, two months after the …
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By Jane Lanhee Lee OAKLAND, California (Reuters) – Silicon Valley automotive ethernet chip startup Ethernovia Inc said on Monday it had raised $64 million in a Series A funding round …
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By Pete Schroeder WASHINGTON (Reuters) – Federal Reserve Governor Michelle Bowman said Friday that the central bank should hire an outside party to further examine the events that led to …
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Oakland, NJ – The Ponds Valley Preschool took a field trip to the Oakland Police Department on Monday, May 9th, 2023, with the assistance of Officer McDermott. The tour aimed …
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Goldman Sachs Under Investigation After Advising Silicon Valley Bank Before Collapse Jason Cohen on May 5, 2023 Goldman says it is “cooperating with and providing information to various governmental bodies …
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GOP Rep Earmarks $5 Million For Train Connecting Los Angeles To Coachella Valley Arjun Singh on May 2, 2023 A GOP Congressman has sought $5 million for a train to …
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Federal Reserve Says It Dropped The Ball In Silicon Valley Bank Failure Jason Cohen on April 28, 2023 The Federal Reserve’s banking supervisors failed to take adequate action to solve …
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(Reuters) – At the time of Silicon Valley Bank’s collapse, the number of outstanding safety and soundness warnings from Federal Reserve bank supervisors had mushroomed to three times the average …
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By Steve Gorman and Daniel Trotta (Reuters) – Most of the vast, scenic valley at the heart of Yosemite National Park in California will close to visitors this weekend in …
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UTICA, NY – Police have arrested a Rome man after he was caught by school security guards with a gun and drugs while on campus at Mohawk Valley Community College …
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By Ann Saphir SAN FRANCISCO (Reuters) – A team of 20 bank examiners at the San Francisco Federal Reserve took over day-to-day supervision of Silicon Valley Bank in the second …
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First Citizens To Acquire Collapsed Silicon Valley Bank In Major Deal Jason Cohen on March 27, 2023 The Federal Deposit Insurance Corporation (FDIC) announced Sunday night that First Citizens BancShares …
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(Reuters) – California’s financial regulator said on Monday it will issue a report on a comprehensive review of its own oversight and regulation of Silicon Valley Bank by early May. …
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Silicon Valley Bank Parent Company Files For Bankruptcy Jason Cohen on March 17, 2023 SVB Financial Group, the parent company for California tech lender Silicon Valley Bank (SVB), filed for …
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JESSICA ANDERSON: Congress Killed Silicon Valley Bank Jessica Anderson on March 15, 2023 The collapse of Silicon Valley Bank (SVB) has unified Americans with a shared anger. Everyone — left, …
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KUALA LUMPUR (Reuters) – Malaysia’s government on Wednesday said the country’s banks have limited exposure to Silicon Valley Bank that collapsed last week in the United States, triggering fear of …
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(Reuters) – KPMG’s U.S. boss, Paul Knopp, said the accounting firm stood behind its audits of Silicon Valley Bank and Signature Bank, the Financial Times reported on Tuesday. Knopp said …
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Here’s How The Average American Could End Up Footing The Bill For Silicon Valley Bank’s Collapse Jason Cohen on March 13, 2023 The Biden administration stated in their Bank Term …
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Silicon Valley Bank Depositor Bailout Could Benefit Chinese Tech Companies Katelynn Richardson on March 13, 2023 The promised government bailout of Silicon Valley Bank (SVB) depositors could benefit Chinese tech …
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STEVE HANKE And CALEB HOFMANN: Banks Have Now Become Gov’t-Backed Businesses — Just Look At Silicon Valley Bank Steve Hanke And Caleb Hofmann on March 13, 2023 Nobelist and high …
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Silicon Valley Bank Hit With Lawsuit For Failing To Disclose Risks To Shareholders Katelynn Richardson on March 13, 2023 A Silicon Valley Bank (SVB) shareholder filed a class-action lawsuit against …
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By Martin Coulter (Reuters) – Not long after California startups started pulling money out of troubled Silicon Valley Bank, entrepreneurs in other parts of the world woke up to the …
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‘Corporate Bailouts Must End’: 2024 GOP Candidates Weigh In On Silicon Valley Bank’s Collapse Mary Lou Masters on March 13, 2023 The collapse of Silicon Valley Bank (SVB) has sparked …
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WASHINGTON (Reuters) – New policies adopted on Sunday by U.S. banking regulators will “wipe out” equity and bondholders in Silicon Valley Bank and Signature Bank of New York while protecting …
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WASHINGTON (Reuters) – Silicon Valley Bank customers will have access to their deposits starting on Monday, U.S. officials said on Sunday. “Depositors will have access to all of their money …