The Latest Breaking News from SVB

Federal regulators seeking to sell bank

The Association of Investment Management Companies (AIMC) and the Government Pension Fund (GPF) yesterday issued a statement announcing they have no direct investment in the assets of the collapsed Silicon Valley Bank (SVB).

Economic concerns stemming from the collapse of Silicon Valley Bank (SVB) will not affect long-haul visitors to Thailand in the short term as pent-up demand should support the market, but officials plan to monitor the long-term impact, according to the Tourism Authority of Thailand (TAT).

The collapse of Silicon Valley Bank sent ripples through the banking world, causing stocks like Comerica’s to fall as investors looked to guard themselves against a potential domino effect.

SVB was a prolific lender. “If it gets acquired, things could change,” one venture investor told Fortune.

Some say the failures of SVB and Signature Bank will spark contagion through the industry. Others are more sanguine.

The collapse of Silicon Valley Bank has raised concerns about the soundness of banks around the world.

The Silicon Valley Bank bailout was not about solving a “1% problem.”

"They don't want any kind of oversight whatsoever," watchdog group warns