Bengaluru will face disruptions on July 9 due to a nationwide strike involving over 25 crore workers protesting against ...

Thiel's bank, named after the mountain where the dragon Smaug hoards his treasure, plans to serve tech startups and crypto ...

Wow, what a week it’s been in the financial world! The failure of Silicon Valley Bank, or SVB as it’s widely known, arrived with incredible speed and has certainly captured everyone’s attention. This ...

The North Carolina lender that bought much of Silicon Valley Bank following its March 2023 seizure was sued for trademark infringement on Wednesday by the collapsed bank's former parent.

Blank-cheque companies have raised money to buy businesses ranging from pilotless helicopters to Donald Trump’s social media platform. A group of Wall Street veterans is now setting its sights ...

US venture capitalists are sitting on $311bn in unspent cash, as they shy away from risky bets on Silicon Valley start-ups and concentrate on finding ways to return capital to their own backers ...

News US News Banks Citizen Bank: Why so many are closing as Signature Bank, Silicon Valley Bank and more go As Iowa's Citizen Bank became the fifth US banking casualty this year, there are ...

Technology AI ‘The golden handcuffs are pretty real’: Tech struggles with job losses There is an industry-wide feeling that setbacks such as widespread layoffs, the collapse of crypto and the ...

The Bank of England (BoE) is considering reforms to its deposit guarantee scheme to better protect savers if a provider goes bust. The planned overhaul includes boosting the amount protected under the ...

A team of 20 bank examiners at the San Francisco Federal Reserve took over day-to-day supervision of Silicon Valley Bank in the second half of 2021, after the bank's growth pushed its assets above ...

As for startups’ need to bank the money they raise and earn, many founders learned through the fall of Silicon Valley Bank that FDIC insurance only covered $250,000, Tang said.