The Latest Breaking News from Silicon Valley Bank

HSBC unveils Innovation Banking arm centred on former Silicon Valley Bank UK business

'The UK’s world-leading technology and life sciences sectors are central to growing the UK economy'

Birmingham Post · Jun 12, 2023

Automation, regulation and immigration: Key themes ahead of London Tech Week

This year’s London Tech Week is set to be the biggest yet

Evening Standard · Jun 9, 2023

EF Pro Cycling to launch new women's team

Team not forthcoming on state of current Women's WorldTeam

Cycling News · Jun 8, 2023

Three Ways Charitable Organizations Can Boost Public Trust

Silicon Valley Bank’s collapse adds to distrust in institutions, and that’s affecting nonprofits and grantmakers. Fresh expressions of transparency can show that the nonprofit sector is different.

Kiplinger · May 30, 2023

Small biz hit by slowing economy, credit crunch

Frustrated and angry, small business owners tell Axios that they've lost trust in the financial system.

Axios · May 30, 2023

Probability That US Banks Will Restrict Cash Withdrawals Is ‘Rising Like Mercury’

The hedge fund manager foresees a change in the banking industry after a chain of events in the banking collapse.

Zenger · May 25, 2023

US banking failures: the role of big auditors in another financial crisis

Three recent and very serious US bank failures – Silicon Valley Bank (SVB), Signature and First Republic – have one common denominator: all three businesses were audited by one of the world’s major professional services firms, KPMG.

The Conversation · May 25, 2023

First Citizens Bank to cut hundreds of former Silicon Valley Bank jobs

In a companywide email Wednesday morning, First Citizens Chairman and CEO Frank Holding Jr. said his Raleigh, North Carolina-based bank is laying off former employees of Silicon Valley Bank, the failed financial institution that First Citizens purchased two months ago.

Tribune News Service · May 24, 2023

Fed's Kashkari says higher capital requirements would bolster banking system

After the high-profile failures of Silicon Valley Bank and Signature Bank, Federal Reserve Bank of Minneapolis President Neel Kashkari argued requiring banks to have higher capital levels could be the best solution to addressing the underlying weakness in the banking system.

Tribune News Service · May 22, 2023

Watch live: House committee questions Silicon Valley Bank and Signature Bank on failings

Watch live as the House Financial Services Committee questions Silicon Valley Bank (SVB) and Signature Bank executives on Wednesday, 17 May, on failings which led to the collapse of the banks earlier this year.

The Independent UK · May 17, 2023