[ad_1] March 13 (Reuters) – Silicon Valley Bank’s new boss Tim Mayopoulos on Monday told clients that the lender is open and conducting business as usual, according to a letter…
Tag: FTECH
U.S. crypto firms seek Swiss banking partners amid banking meltdown
[ad_1] LONDON, March 13 (Reuters) – U.S.-based crypto firms are trying to open Swiss bank accounts after the collapse of two U.S. crypto-focused banks made it harder for them to…
Factbox: Which companies are affected by SVB collapse?
[ad_1] March 13 (Reuters) – Startup-focused lender SVB Financial Group (SIVB.O) last week became the largest bank to fail since the 2008 financial crisis, sending ripples across the globe as…
Regulator takes control of Silicon Valley Bank’s Canadian branch
[ad_1] March 12 (Reuters) – A Canadian banking regulator on Sunday said it was taking temporary control of Silicon Valley Bank’s (SIVB.O) unit in the country, as the fallout from…
Circle assures market after stablecoin USDC breaks dollar peg
[ad_1] LONDON, March 11 (Reuters) – Stablecoin USD Coin (USDC) lost its dollar peg and slumped to an all-time low on Saturday before recovering most of its losses after Circle,…
Bank of England seeks to wind up Silicon Valley Bank’s UK arm
[ad_1] LONDON, March 10 (Reuters) – The Bank of England said on Friday that it was seeking a court order to place Silicon Valley Bank UK Limited into an insolvency…