A Silicon Valley Bank VP, whose grandmother and aunt also worked at the bank, said he's 'heartbroken' for startups affected by its implosion

Silicon Valley Bank collapsed late last week, sending shockwaves through the tech sector and threatening thousands of startups.
Opinion

'They will learn nothing from this': Tech leaders remain staggeringly oblivious to the true lessons of Silicon Valley Bank

The collapse of Silicon Valley Bank is a case study in what's wrong with the arrogant, clubby world of tech.
Newsthink on MSN

Why one announcement took down a $200 billion bank

Silicon Valley Bank didn’t collapse because it ran out of money — it collapsed because it ran out of confidence. As venture funding dried up, startups began withdrawing cash faster than SVB expected.
CCN on MSN

The Fed’s Silicon Valley Bank post-mortem explores how stablecoin depegs become contagious

The Federal Reserve has published its post-mortem analysis of the Silicon Valley Bank failure. When the bank collapsed ...
NBC News

Regulators shut down Silicon Valley Bank in biggest collapse since 2008 financial crisis

Silicon Valley Bank, one of the tech sector’s favorite lenders, is shutting down. The California Department of Financial Protection and Innovation said Friday that it was taking over and closing the ...
WTVD

Failure of 2 US banks creates concern among customers at other banks of similar size

LOS ANGELES -- President Biden says the American banking system remains safe following the collapse of two U.S. banks, but the failures have nonetheless created concern among customers who hold their ...
KTLA

Silicon Valley Bank collapse stirs up fears of 2008 bailouts

The collapse of Silicon Valley Bank brings back memories on Capitol Hill of rescuing the financial markets during the 2008 collapse, raising concerns among lawmakers that taxpayers may have to pay to ...
Wane

Silicon Valley Bank collapse concerns founders of color

In the hours after some of Silicon Valley Bank’s biggest customers started pulling out their money, a WhatsApp group of startup founders who are immigrants of color ballooned to more than 1,000 ...
Washington Technology

Pentagon office tracking national security impacts of Silicon Valley Bank collapse

The Defense Department’s Office of Strategic Capital has been “heads-down in assessing impacts to national security” resulting from the collapse of Silicon Valley Bank, or SVB, according to an email ...
Channel NewsAsia Singapore

Explainer: Why did Silicon Valley Bank collapse, will S'pore's banks and startup scene be affected?

SINGAPORE — The plight of Silicon Valley Bank (SVB) has sent shock waves through financial markets after the go-to bank for United States tech startups faced a sudden bank run and then became the ...