The Business Times

Silicon Valley Bank

Banking & Finance

US bank regulator considering legal action against former SVB executives

FILE PHOTO: FILE PHOTO: A Reserve Bank of India (RBI) logo is seen inside its headquarters in Mumbai, India, April 6, 2023. REUTERS/Francis Mascarenhas/File Photo/File Photo/File Photo
Banking & Finance

India central bank to stick to higher digital deposit buffer proposal

Silicon Valley Bank's Chinese joint venture is seeking to change its name to Shanghai Innovation Bank after the buyout deal.
Companies & Markets

Silicon Valley Bank's Chinese partner buys out stake in joint venture

SVB is holding on to some assets, including equities-research firm MoffettNathanson which will be owned by a restructured company out of Chapter 11.
Banking & Finance

SVB bankruptcy plan approved, but US$2 billion FDIC fight lingers

The battle over the seized funds will play out in a California federal court.
Banking & Finance

Silicon Valley Bank’s former owner gains approval to end bankruptcy

HSBC countered that it “lawfully extended job offers” to former SVB workers whose employment status was up in the air after the First Citizens acquisition.
Banking & Finance

HSBC gains edge against US$1 billion SVB banker-poaching suit

Silicon Valley Bank’s inability to access the Federal Reserve's discount window in March of last year in the face of massive and rapid withdrawals by its uninsured depositors contributed to the bank’s sudden collapse.
Banking & Finance

Less than half of US banks ready to borrow from Federal Reserve in emergency

The FDIC’s annual report last month reported that it sold US$10.5 billion of the securities in January to trusts tied to the Federal Financing Bank, an arm of the US Treasury.
Banking & Finance

FDIC offloads US$10.5 billion of SVB loans that hung over market

The bank’s collapse almost a year ago represented the biggest US bank failure in more than a decade and marked the start of a crisis in the sector.
Banking & Finance

US seeks about US$1.4 billion from collapsed SVB for taxes

HSBC has said it was not barred from hiring the former SVB employees.
Banking & Finance

HSBC bosses were aware of plan to steal SVB secrets, First Citizens alleges

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