Silicon Valley Bank

The Indian Banks’ Association wants to reduce the run-off to 2% or 3%

SILICON Valley Bank’s (SVB) Chinese joint venture will become a wholly owned unit of Shanghai Pudong Development Bank, following approval to change its name to Shanghai Innovation Bank, a Chinese fina...

A JUDGE approved SVB Financial Group’s restructuring deal but dealt the company a setback in its fight with federal regulators to recover about US$2 billion it had at its Silicon Valley Bank (SVB) sub...

SVB Financial Group, the former owner of failed Silicon Valley Bank (SVB), received a US judge’s permission on Friday (Aug 2) to turn over its assets to creditors and end its bankruptcy.

A FEDERAL judge expressed doubt about the merits of a US$1 billion lawsuit by First Citizens Bank & Trust accusing HSBC Holdings of stealing trade secrets when it recruited dozens of bankers who had j...

A YEAR after Silicon Valley Bank’s failure, less than half of US banks have established borrowing capacity by pledging collateral at the Federal Reserve’s emergency lending facility, according to Fed ...

A RISK that is been hanging over an illiquid corner of the United States credit market since last year’s banking crisis seems to have been quietly taken off the table.

THE United States Internal Revenue Service (IRS) is seeking to recover about US$1.4 billion in taxes it claims are owed by Silicon Valley Bank (SVB), the regional lender that failed last year.

SENIOR executives at HSBC Holdings were aware of an alleged plan by a US unit to poach employees and steal trade secrets from Silicon Valley Bank (SVB) shortly after First Citizens Bank & Trust bought...