[ad_1] The writer is a partner at Sequoia Capital Not much suggests a connection between Siena, the most majestic of Tuscany’s hill towns, and the flatlands of Santa Clara, the…
Tag: SVB
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…
Six Hong Kong-listed firms say their deposits at SVB are immaterial By Reuters
[ad_1] HONG KONG (Reuters) – Six Hong Kong-listed companies, mostly Chinese pharmaceutical firms, disclosed cash deposits at Silicon Valley Bank on Sunday, adding that their exposure to the failed U.S.…
Crypto whales suffer huge losses due to USDC depeg, SVB collapse
[ad_1] In response to the extraordinary depegging event of the USD Coin (USDC) stablecoin caused by the collapse of its counterparty Silicon Valley Bank (SVB), crypto whales have reported severe…
The policy compromises needed to resolve the SVB implosion
[ad_1] The writer is president of Queens’ College, Cambridge, and an adviser to Allianz and Gramercy The fate of what was a little-known bank outside the tech world until last…
Israel stocks slip on SVB failure, government vows aid for tech firms
[ad_1] JERUSALEM, March 12 (Reuters) – Israeli bank and insurance company shares were more than 2.5% lower on the Tel Aviv Stock Exchange (TASE) on Sunday following the failure of…
Ad-Tech Firm in Canada Has Over 90% of Its Cash Tied Up in SVB
[ad_1] (Bloomberg) — The failure of SVB Financial Group dealt another blow to Canadian advertising-tech firm AcuityAds Holdings Inc., which revealed that almost all of its cash is held at…
Noah Says Exposure to SVB ‘Immaterial’ to Business Operations
[ad_1] US-listed Chinese wealth management firm Noah Holdings Ltd. said its exposure to any liquidity concern as a result of Silicon Valley Bank’s collapse is “immaterial” to business operations, joining…
Stock market news today: Stocks smoked after jobs beat and SVB collapses
[ad_1] U.S. stocks got smoked on Friday after a crucial jobs report came in warmer than expected and jitters over the stunning failure of Silicon Valley Bank (SIVB) rattled investors.…
Fallout from SVB collapse spreads around world from London to Singapore
[ad_1] The fallout from the collapse of Silicon Valley Bank is beginning to spread around the world. Startup founders in California’s Bay Area are panicking about access…