All Strange Things About India and world
Photo: guruXOX (Shutterstock) Last month, the collapse of Silicon Valley Bank (SVB) was the second-biggest bank failure in U.S. history. News of bank failures naturally fuels concerns for bank customers…
First Citizens BancShares Inc. agreed to buy Silicon Valley Bank which was seized by regulators following a run on the lender.The Raleigh, North Carolina-based bank entered into a purchase and…
Photo: Sundry Photography (Shutterstock) The collapses of Silicon Valley Bank (SVB) and Signature Bank earlier this month were the second- and third-biggest bank failures in U.S. history. While those institutions…
Some in the industry play down the risks of another SVB-style downfall spurred by social media.(File)Washington: The speed at which depositors fled Silicon Valley Bank this month – withdrawing $42…
The report says that SVB wasn’t the worst capitalized bank (Representational)After the collapse of the Silicon Valley Bank, a new study has found that 186 US banks are at the…
The speed with which four banks collapsed – and one continues to struggle – has left investors reeling. While the failures came in the span of just 11 days, the…
Gold pared gains to stand at $1,995, which marked a gain of 0.3 percent from late Friday. (File)London: Gold topped $2,000 per ounce for the time in more than a…
Top Indian information technology firms Tata Consultancy Services and Infosys have the highest exposure to regional banks in the United States that are gripped by a financial turmoil, analysts at…
Indian startups had deposits worth about $1 billion (roughly Rs. 8,250 crore) with embattled Silicon Valley Bank and the country’s deputy IT minister said he had suggested that local banks…
Greg Becker, CEO of the crisis-hit Silicon Valley Bank.Silicon Valley Bank, which catered to the tech industry for three decades, collapsed on March 10, 2023, leaving depositors scrambling for their…