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HomeTagsSilicon Valley Bank

All Stories: Silicon Valley Bank

First Citizens to acquire collapsed Silicon Valley Bank

WASHINGTON: US bank First Citizens said Monday it has agreed to purchase all loans and deposits from Silicon Valley Bank, whose collapse this month...

HSBC buys failed US bank SVB’s UK arm for £1

LONDON: The UK arm of failed US lender Silicon Valley Bank has been sold to HSBC for a nominal £1 ($1.2) in a rescue...

Most Asian markets sink after US lender’s collapse

HONG KONG: Most Asian markets fell Monday as the closure of two regional US banks sparked fears of contagion in the financial sector, even...

Silicon Valley Bank’s demise began with downgrade threat

In the middle of last week, Moody's Investors Service Inc delivered alarming news to SVB Financial Group, the parent of Silicon Valley Bank: the...
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