Silicon

Nathan Frandino/ReutersSilicon Valley Bank, which collapsed over the weekend in the second-largest bank crash in American history, says it is “open for business” and soliciting new customers.In a message shared with customers and posted on the bank’s website, CEO Tim Mayopoulos—who was put in charge by federal regulators who seized the bank—urged clients to move

On Friday, March 10, Mike Wheeler, president and chief legal officer of payroll startup Patriot Software, was on a five-day cruise off the coast of Florida celebrating his brother’s wedding. When he stepped ashore that morning for a brief stop in Key West, his cell service returned and he got a message from a representative

The culture war has come for the banks, and friends, it is stupid. There are a wide variety of proposed explanations for the fall of Silicon Valley Bank. For instance, The Wall Street Journal’s editorial page has suggested SVB’s board “may have been distracted by diversity demands” as I guess it had too many women, too

At first glance, the Silicon Valley Bank debacle seems to be a cut-and-dried financial caper. The executives running the 16th-largest bank in the US made the wrong choices in handling what seemed a fortuitous situation—a roster of clients, flush with venture capital funding, handing over billions of dollars of cash for storage in the institution's coffers.

Science & Nature Bailouts mean customers’ deposits are safe, but the Silicon Valley Bank’s demise has sparked concern about future investment in small tech companies...Read MoreKatharine...

Silicon Valley Bank failure could trigger run on US regional banks  CointelegraphBillionaire Bill Ackman on SVB collapse: Government has 48 hours to fix 'irreversible mistake'  Fox BusinessLiberals blame Trump for Silicon Valley Bank collapse citing 2018 bipartisan bill  Fox BusinessOpinion: What SVB's shocking collapse means for the tech industry -- and the US  CNNTUCKER CARLSON: Silicon Valley Bank has

HSBC UK is acquiring Silicon Valley Bank UK for a symbolic £1. The deal comes after a tense weekend of frantic negotiations by the U.K. government, regulators and a suite of other potential suitors in the wake of the U.K. business, a subsidiary of the troubled U.S. entity, entering insolvency procedures on Friday. The deal

As Silicon Valley Bank collapsed before our eyes on Thursday, a founder told me that the world felt like it did when COVID-19 first bared its teeth. I scoffed at his analogy at first: are we really using a still on-going and devastating pandemic to describe the fall of a prominent bank? But then I