The Latest Breaking News from SVB

A weekend of high political drama ends in a rescue deal that leaves fast-growing sector safe in the City

It seems to be a neat solution to a worrying few days for London’s vital tech industries. HSBC has bought the UK subsidiary of Silicon Valley Bank (SVB) following its collapse on Friday. SVB, which specialised in providing loans to technology firms, was closed down by US regulators last week…

Fifty Republican and 17 Democratic senators voted to reduce regulations on the bank

If a bailout doesn't cost anything, is it really a bailout?

The CFO and board "failed to adequately protect shareholder value," says a former bank examiner for the Federal Reserve.

President Biden urged Congress to tighten regulations on the banking sector and criticized a bipartisan 2018 easing of capital rules.

Australian markets slid on Monday as the fallout from the collapse of California-based Silicon Valley Bank (SVB) reverberated globally.

We’re interested to hear how affected SVB investors and workers in the tech and start-up sector view the bank failure and what the wider implications might be

Silicon Valley Bank depositors will be made whole, but startups are losing a key player in the ecosystem.

Analysts say US Federal Reserve will probably reject further increase in borrowing costs next week

The US Treasury, Federal Reserve and Federal Deposit Insurance Corporation have unveiled a plan meant to stem any contagion from Silicon Valley Bank's (SVB) failure on Friday. The Federal Reserve will provide an emergency lending facility that will ensure all of the bank's depositors are repaid in full. Elsewhere, the…