SVB

Silicon Valley Bank’s failure last month stemmed from weakened regulations during the Trump administration and mis-steps by internal supervisors who were too slow to correct management blunders, the US Federal Reserve said in a…

SVB Financial Group, the former parent company of failed Silicon Valley Bank, is burning through cash while it struggles to gain access to records it says are necessary to move forward in bankruptcy.The firm is sparring with the Federal…

The People’s Bank of China pledged to make sure interest rates are appropriate and that credit remains stable, as it draws lessons from the Silicon Valley Bank crisis. “We need to pay serious attention to interest rate risks,” said Zou…

Britain’s chancellor said on Thursday that his government needed to look at raising the level of protection for bank customers given the speed at which deposits fled Silicon Valley Bank last month. Speaking on the sidelines of the…

HSBC has hired more than 40 investment bankers who used to work at Silicon Valley Bank, the latest move by the British lender to scoop up parts of the failed tech-focused bank.A month after HSBC acquired SVB’s UK subsidiary for £1,…

By Andy Mukherjee India’s software powerhouse earned its spurs by managing tech for global multinationals. Now it’s even shielding local startups from the falling debris in US banking. The city of 13 million people punches…

2/2 © Reuters. FILE PHOTO: A man wears a t-shirt that reads "You don't switch a democracy at the ballot" during Israel's hi-tech sector protest, as Israeli Prime Minister Benjamin Netanyahu's nationalist coalition government presses on…

Top US financial officials on Tuesday outlined what’s likely to be the biggest regulatory overhaul of the banking sector in years, in an initiative aimed at addressing underlying issues that contributed to the collapse of Silicon Valley…

A top Democrat will accuse US regulators of allowing Silicon Valley Bank and Signature Bank to “grow too big, too fast”, drawing parallels between the lenders’ collapse and the 2008 financial crisis in a congressional hearing on…

This article is an on-site version of our Unhedged newsletter. Sign up here to get the newsletter sent straight to your inbox every weekdayGood morning. A merry day for bank stocks yesterday, although they look set to end March off…