The Latest Breaking News from SVB

Silicon Valley's burning bank

The bank's failure would be the biggest since Washington Mutual.

Axios · 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

VCs describe a big mess as Silicon Valley Bank’s troubles spark panic

Founders are pulling cash from Silicon Valley Bank as fear of a bank run has spread.

Fortune · Mar 10, 2023

VCs and startup founders are freaking out about Silicon Valley Bank

Startup founders are pulling cash from Silicon Valley Bank, even as some VCs say the panic is overblown and fueling the fire.

Fortune · Mar 10, 2023

Silicon Valley Bank spooks Silicon Valley

Several top VC firms, including Coatue and Founders Fund, today suggesting pulling money out of SVB.

Axios · Mar 9, 2023

Silicon Valley Bank creates UK subsidiary in boost for London’s tech sector

The firm said the move reflects the strong growth of tech businesses in the UK

Evening Standard · Sep 22, 2022

Municipal Corporation Faridabad and Wakf Board officials arrested caught taking Rs 80,000 bribe

CHANDIGARH: Haryana State Vigilance Bureau has arrested two officials posted in Municipal Corporation Faridabad and Waqf Board, Bhiwani red-handed while accepting bribe worth Rs 50,000 and Rs 30,000 respectively. Both have been booked under the Prevention of Corruption Act.

The Times of India · Aug 31, 2022

Haryana: Case against 3 over university BAMS paper leak

KURUKSHETRA: In connection with the bachelor of ayurvedic medicine and surgery (BAMS) course 'paper leak case' of Shri Krishna Ayush University (SKAU), Kurukshetra of January 2020, after over two and a half years, the Haryana State Vigilance Bureau (SVB) booked three persons including a clerk, a computer operator, former employees…

The Times of India · Jul 30, 2022

This Analyst Thinks Blueprint Medicines' Non-Dilutive Funding 'Deflates M&A Speculation'

Today Blueprint Medicines Corp (NASDAQ:BPMC) announced strategic financing agreements with Sixth Street and Royalty Pharma Plc (NASDAQ:RPRX) for up to $1.25 billion, including $575 million upfront upon deal closure. SVB Securities thinks the terms of the deals are fairly valued on the Sixth Street portion and favorable for Blueprint Medicines on the Royalty Pharma portion. "In addition,…

Benzinga · Jun 30, 2022

This Analyst Says US Government Buying More COVID-19 Vaccines At Higher Prices

Pfizer Inc (NYSE:PFE) and BioNTech SE (NASDAQ:BNTX) announced a new COVID-19 vaccine supply agreement with the U.S. government. SVB Leerink says that the new contract implies the price per Comirnaty dose is ~$30.50. Comirnaty U.S. pricing per dose has increased from $19.50 (2020 contracts), to $24 (+23%; 2021 contract), and now to ~$30.50 (+27%).  The analysts…

Benzinga · Jun 30, 2022