The Latest Breaking News from Silicon Valley Bank

Looking to buy financial stocks? Businesses that provide financial products and services are buoyant, but you should be choosy about where to put your money.

Vanguard has already signed an agreement with the FDIC while BlackRock is reportedly pushing to delay until the Trump administration takes over later this month.

Small-to-mid-size banks will be the first forced out of business, he says. “There are quite a few banks in the United States right now that have very similar risk characteristics [to Silicon Valley Bank]."

Joshua Easterly, co-CIO and co-president of Sixth Street, said he realized after the GFC in 2009 that private credit was the next big thing.

The chair of HSBC Innovation Banking has stepped down in the latest sign of a boardroom reshuffle at the firm formerly known as Silicon Valley Bank UK.

When HSBC acquired the UK arm of the collapsed Silicon Valley Bank last year, boss Noel Quinn talked up the importance of preserving its operational independence. The firm would keep its own separate office across town and staff would not be ferried into Canary Wharf. “It’s a unit we purchased and we want…

Paolo Ardoino points out his firm has remained steady even as once respectable banks and crypto rivals have collapsed.

IBD Stock Of The Day: First Citizens BancShares is actionable near record highs as its Silicon Valley Bank purchase fuels a major rally.

Thousands of Silicon Valley employees have been laid off over the past year, often finding out the bad news by email. Hit hard by rampant inflation and over-hiring during the Covid pandemic, the US tech giants of the San Francisco Bay Area have faced one of the worst crises in…