The Latest Breaking News from Bill Ackman

Ackman Says Bank Of America Will Buy Signature Bank Monday, Predicts Crisis Of Confidence

Billionaire investor Bill Ackman said Friday that Bank of America will buy Signature Bank on Monday as other banks face peril

Zenger · Mar 20, 2023

Ken Griffin says SVB failure would have been 'lesson in moral hazard'

The CEO of hedge fund Citadel said that backing Silicon Valley Bank's deposits in full was a "loss of financial discipline."

Fortune · Mar 14, 2023

Washington tries to contain chaos from Silicon Valley Bank’s failure

Analysts say there is little chance of a wider banking crisis after the failure of Silicon Valley Bank, as the banking system is well-capitalized and passed stress testing.

Chicago Sun-Times · Mar 14, 2023

Silicon Valley Bank: FTSE 100 tumbles 2.5%; HSBC rescues SVB UK – as it happened

Silicon Valley Bank UK has been sold to HSBC, in a deal that protects depositors’ money, says Treasury and Bank of England after weekend talks

The Guardian - UK · Mar 13, 2023

US guarantees all deposits after Silicon Valley Bank collapse, as Biden promises action

Announcement comes as Signature Bank was closed on Sunday by regulators – the second to fail in a week

The Guardian - US · Mar 12, 2023

Silicon Valley Bank’s parent is reportedly struggling to pull off a fire sale after its stock blew up and it failed to raise capital

“It doesn’t smell good right now, and there’s a lot of panic,” a venture investor who spoke with dozens of SVB clients told Fortune Thursday.

Fortune · Mar 10, 2023

Silicon Valley Bank fails in largest bank collapse since 2008 crisis

US regulators seize SVB’s assets after a run on the bank, as global institutions monitor situation closely

The Guardian - UK · Mar 10, 2023

Bill Ackman thinks the government should consider SVB bailout

The founder of Pershing Square Capital Management said the collapse of Silicon Valley Bank "could destroy a long-term driver of the economy."

Fortune · Mar 10, 2023

Billionaire Ackman donates $3.25 million for ambulances in Ukraine

Billionaire hedge fund manager Bill Ackman has pledged $3.25 million to help buy more than a dozen ambulances for Ukraine as it defends itself against Russia's invasion, according to a fellow investor who cited a conversation with him.

Reuters · Feb 26, 2023

How Gautam Adani selloff stacks up against the biggest stock collapses

NEW DELHI: The magnitude of the plunge in stocks tied to Indian billionaire Gautam Adani is rivaled by only a handful of short-seller campaigns in history.

The Times of India · Feb 4, 2023