[ad_1] March 12 (Reuters) – New York state’s Department of Financial Services said on Sunday it has taken possession of New York-based Signature Bank (SBNY.O) and appointed the U.S. Federal…
Tag: INVBIS
US preparing to stem SVB fallout with ‘material action’-sources
[ad_1] NEW YORK, March 12 (Reuters) – U.S. authorities were preparing “material action” on Sunday to shore up deposits in Silicon Valley Bank and stem any broader fallout from its…
Exclusive: Chip equipment maker ASML’s suppliers eye Asia plants outside China amid tensions
[ad_1] HANOI/AMSTERDAM, March 10 (Reuters) – Suppliers to Dutch chip-making machines giant ASML Holding NV (ASML.AS) are considering building plants in Southeast Asia instead of China amid political tensions between…
Bank of London weighs rescue bid for Silicon Valley Bank’s UK arm – Sky News
[ad_1] March 11 (Reuters) – British clearing bank The Bank of London is considering a rescue bid for the UK arm of collapsed U.S. bank Silicon Valley Bank (SIVB.O), Sky…
Reactions to Silicon Valley Bank meltdown
[ad_1] March 10 (Reuters) – California banking regulators on Friday closed SVB Financial Group (SIVB.O), the largest bank failure since the financial crisis, moving quickly to protect depositors as a…
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…
Octopus Energy to invest 1 bln euros in French green energy market
[ad_1] LONDON, March 10 (Reuters) – British energy supplier Octopus Energy said on Friday it will invest 1 billion euros ($1.1 billion) in the French green energy market over the…
Cathie Wood’s ARK Fund set for worst week since Sept as higher rates loom
[ad_1] NEW YORK, March 10 (Reuters) – Big declines in holdings including Tesla Inc and 2U Inc are leaving star stock picker Cathie Wood’s flagship ARK Innovation Fund (ARKK.P) on…