SVB Financial Group's bankruptcy resolution paves way for high-stakes legal showdown

Silicon Valley Bank to cut 500 jobs, says new owner: Report

UK digital banks need support post SVB collapse, says trade body

To prevent SVB-like failures, Biden calls for revival of banking regulations weakened under Trump

According to a top Federal Reserve official, the failure of Silicon Valley Bank (SVB) was a classic case of mismanagement that calls for more banking supervision. In statements made public before of a Senate hearing on Tuesday, Michael Barr, the Fed's vice chair for supervision, stated that "SVB collapsed because the bank's management did not adequately manage its interest rate and liquidity risk."

Silicon Valley Bank collapse: Textbook case of mismanagement

Top 10 world news: UK unveils £94bn cost-of-living budget package, SVB collapse aftershocks, and more

U.S. regulators shut down Silicon Valley Bank (SVB) on Friday and took control of its deposits after the high-tech lender’s share price nosedived. Just hours before the sudden collapse of the Silicon Valley Bank, the biggest bank failure in the US since the 2007-2008 Global Financial Crisis, US Treasury Secretary Janet Yellen said that the Treasury Department is keeping a close look at a few banks.

SVB meltdown sends shockwaves across markets

US: First Republic Bank drops 70% amid Silicon Valley Bank collapse, regional banks raise concern

US govt says SVB customers can access deposits as second lender Signature Bank fails

Israeli Prime Minister Benjamin Netanyahu said that the government would assess the effect of Silicon Valley Bank's collapse on Israeli companies and determine whether or not to assist them.

Israel to weigh action after Silicon Valley Bank collapse

Top 10 world news: Biden reacts after SVB collapse, India's SC on same-sex marriage legalisation, & more

HSBC has released a statement saying it is set to buy the United Kingdom arm of Silicon Valley Bank for £1. The move secures the deposits of over 3,000 SVB UK customers with deposits of more than $US8.1 billion. SVB UK has loans of around $US6.7 billion.

HSBC acquires the UK arm of Silicon Valley Bank | WION Dispatch

US rules out bailout for Silicon Valley Bank, auction reportedly underway

After the U.S. regulators pulled the plug on Silicon Valley Bank, the Federal Deposit Insurance Corporation (FDIC) was called to take over the institution and hand over the sale of its assets. Employees of the fallen bank have been offered 45 days of employment at one and a half times their previous salary.

Reports: SVB employees siphoned annual bonuses before collapse

Venture capitalists quick to abandon ship on SVB

After the U.S. regulators pulled the plug on Silicon Valley Bank, the Federal Deposit Insurance Corporation (FDIC) was called to take over the institution and hand over the sale of its assets. Employees of the fallen bank has been offered 45 days of employment at one and a half times their previous salary.

U.S.: Largest collapse of financial institution since 2008 crisis; Musk open to buying SVB

U.S.: America's biggest banking failure since 2008 as U.S. regulators pull plug on SVB

U.S. regulators pull plug on SVB; FDIC offers 45 days of work to employees

Silicon Valley Bank paid out annual bonuses to US employees just hours before seizure: Report

Did Silicon Valley Bank hoodwink everyone before its collapse?

Elon Musk open to buying SVB and turning it into a digital bank

Silicon Valley Bank crisis: What led to stock crash & what's next. Here's everything you need to know

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