Silicon Valley Bank

Regulators have yet to address the system’s vulnerability to sudden depositor withdrawals

A year later, lessons from Silicon Valley Bank’s epic collapse

That call never happened. “They didn’t show up because it was the day that Silicon Valley Bank went under and one of their main banking partners was SVB,” Vogel said.

Why an SVB-type crisis is unlikely in India

Traditional banking, the play of forbearance, funding and cash flow characteristics, all combine to make Indian banks less vulnerable than their US counterparts

Acquirer of Silicon Valley Bank announces layoffs at the failed institution; no impact on team based in India

First Citizens Bank of Raleigh, North Carolina, said it was cutting about 500 jobs, or about 3% of its workforce.

Failure of Banks and Financial Institutions: Regulators can only have a roadside view of risks

The root cause of the failure of banks and financial institutions has been poor governance and management, and the pursuit of short-term business while ignoring embedded risks. Risk management and compliance management have not received attention despite the regulatory thrust and imperatives

Mohamed El-Erian: How we can avoid a third phase of banking turmoil

Conditions have stabilised but more must be done to prevent further banking tremors

How Silicon Valley’s troubles are reshaping venture capital

The latest Venture Monitor report from PitchBook and the National Venture Capital Association does in fact show Greater Silicon Valley’s share of the action to have fallen lately. No other region is close to challenging its dominance, though

Pocket FM secures $16 million debt funding from US-based Silicon Valley Bank

The audio over-the-top firm plans to utilise the funds for expanding its audio series library, augmenting its creator community and accelerating revenue.

If the banking crisis offers one lesson, let it be this

More capital would make future disasters much less likely

Lessons for the RBI from the US review of its 2023 bank failures

Unlike the US which has a fragmented regulatory system, the RBI pretty much regulates most of the banks and financial institutions in India. However, we do not see similar transparency from the central bank

Fed faults Silicon Valley Bank execs, itself in bank failure

The report, authored by Federal Reserve staff and Michael Barr, the Fed's vice chair for supervision, takes a critical look at what the Fed missed as Silicon Valley Bank grew quickly in size in the years leading up to its collapse.

First Republic Bank rout; unable to shake depositor anxiety, shares plunge at opening bell

Shares slumped 26%, following an even more severe tumble Tuesday, after it revealed that depositors withdrew more than $100 billion last month after the collapse of Silicon Valley Bank and Signature Bank.

Uncertainties in bookings remain restricted to discretionary tech spending: HCLTech CEO

HCLTech's consolidated net profit for the quarter ended March 2023 stood at Rs 3,981 crore, up 10.61 percent against Rs 3,599 crore a year back.

Start-up Street: Looking beyond Silicon Valley for capital 

The funding winter is presenting a unique opportunity for homegrown venture capital firms to shine

Mohamed El-Erian: Banking tremors leave a legacy of credit contraction

Rather than bet on early rate cuts, markets should be encouraging the Fed to complete its inflation-reduction task

India’s tech hub can’t deal with SVB fallout if it’s stuck in traffic

For Bengaluru's startup ecoystem that's trying to weather a funding winter, an equally pressing problem is the woeful infrastructure deficiencies of the city. Otherwise, India’s best-known global success story might get crushed by its own growth

BlackRock to sell $114 billion of failed banks’ securities

The firm will conduct sales of $27 billion in securities from Signature and $87 billion from SVB Financial Group’s Silicon Valley Bank, the Federal Deposit Insurance Corp. said in a statement Wednesday.

What I learnt from three banking crises

Gillian Tett has had a ringside view of a quarter-century of financial crashes. What can each teach us — and will technology change the game?

JPMorgan's Dimon: Bank rules should change after Silicon Valley Bank

The comments, made in Dimon’s letter to JPMorgan Chase shareholders, were his first since the two banks failed.

The Fed is doing too much, all at once

By tightening financial conditions enough to curb inflation, the Fed has contributed to a spate of bank failures.

US regulator seeks sale of Silicon Valley Bank, Signature Bank portfolios: sources

Silicon Valley Bank's and Signature Bank's securities portfolios carry a face value of around $90 billion and $26 billion, respectively, according to regulatory filings and statements by government officials.

Personal Finance: SVB collapse should teach bond investors a stark lesson in term risk

While there was little to no credit risk in SVB’s Treasuries and government-backed bonds, the danger with lending for longer is that when interest rates rise, bonds decline in value — and the longer a bond’s term, the greater the decline

Is there a solution to recurrent bank crises?

Shocks, uncertainty and contagion being inevitable, the only ‘solution’ to recurrent crises could lie with central banks 

Swiss bankers forgot they're meant to be boring

Life got a little too exciting at Credit Suisse

Silicon Valley Bank Collapse: Insurance for all bank deposits is a manageable cost

There are those who are worried that a blanket guarantee will encourage risk taking. But it's becoming clear that any solution to the current crisis needs to include legislation providing comprehensive insurance to all retail banking deposits in the US​