Obama aide, Hillary donors, improv actor: Meet SVB’s board
One is a Hillary Clinton mega-donor who went to a Shinto shrine to pray after Donald Trump won the White House. Another worked for President Obama before her own political … Read More
Tag: silicon valley bank
Silicon Valley Bank ‘conducting business as usual,’ new CEO says
Silicon Valley Bank’s new CEO Tim Mayopoulos assured clients Monday that the lender is “open” and “conducting business as usual” — after the stunning collapse of the nation’s 16th-largest bank … Read More
Some Democrat-donor investors furious over Biden’s handling of SVB
Some Dem tech investors who have spent millions of dollars currying favor with the Biden administration are furious about what they call the White House’s utter lack of help over … Read More
Silicon Valley Bank customers will have access to funds Monday, Feds announce
The U.S. government took emergency steps Sunday in an attempt to prevent more instability among banks after the historic failure of Silicon Valley Bank, and assured clients of the failed … Read More
HSBC will buy UK subsidiary of collapsed Silicon Valley Bank
LONDON — The UK Treasury and the Bank of England have “facilitated the sale″ of Silicon Valley Bank UK to HSBC, ensuring the security of $8.1 billion of deposits. British … Read More
Regulators close Signature Bank, second shuttered by feds after SVB disaster
The federal government Sunday announced the failure of a second bank with deep ties to the tech industry — as regulators rushed to try to stem the losses caused by … Read More
Silicon Valley Bank’s failure is a warning for the Fed
Silicon Valley Bank could be a canary in a coal mine. The California bank’s failure Friday shined a spotlight on the large losses that the whole banking system has seen on … Read More
Silicon Valley Bank pushed ‘woke’ programs ahead of collapse
A head of risk management at Silicon Valley Bank spent considerable time spearheading multiple “woke” LGBTQ+ programs, including a “safe space” for coming out stories, as the firm catapulted toward … Read More
NYC toy store Camp begs for cash after Silicon Valley Bank crash
A New York City-based toy company in hot water after getting caught up in the sudden collapse of Silicon Valley Bank is now begging customers for help keeping it afloat. … Read More
