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The Star20d
‘They fire, we hire’: Germany seizes on Silicon Valley’s woes
BERLIN: Faced with a tight labour market and a shortage of workers with key software engineering skills, some German companies are looking at thousands of layoffs in Silicon Valley as an ...
6d
First Citizens to acquire troubled Silicon Valley Bank
North Carolina-based First Citizens will buy Silicon Valley Bank, the tech industry-focused financial institution that ...
New York Daily News20d
No bailout for failed Silicon Valley Bank, says Treasury Secretary Janet Yellen
Regulators seized its assets on Friday. A sign of a branch of the Silicon Valley Bank is pictured at an office building where the bank is located in Frankfurt, Germany, Sunday, March 12 ...
6d
FTSE and European markets jump at the open amid Silicon Valley Bank deal
The FTSE 100 and European stocks were higher this Monday after the deal for Silicon Valley Bank eased concerns about the ...
11d
Silicon Valley Bank's former owner, FDIC bracing for fight over $2 bln
SVB Financial Group and the federal regulator that closed its Silicon Valley Bank unit indicated at a bankruptcy court ...
CBS News22d
Silicon Valley Bank shut down by regulators. Here's what to know.
Ireland and Germany. Before its failure, it ranked as the 16th largest bank in the country, holding $210 billion in assets. Silicon Valley Bank offers business lending products such as loans to ...
USA Today2d
Silicon Valley Bank assets seized by FDIC in largest bank failure since 2008
NEW YORK — The U.S. rushed to seize the assets of Silicon Valley Bank on Friday after a run on the bank, the largest failure of a financial institution since Washington Mutual during the ...
3d
Silicon Valley Bank bought, all 17 branches will reopen under new name
Customers of SVB will automatically become customers of First Citizens, and the 17 former branches of SVB will open as First ...
Christian Science Monitor
5d
First Citizens to buy Silicon Valley Bank. When will bank turmoil end?
The FDIC has approved the sale of Silicon Valley Bank to First Citizens Bank & Trust Co. Bank stocks have been largely on the rise since the announcement of the acquisition, “but uncertainty is high,” ...
Marketplace23d
Silicon Valley Bank is seized by U.S. after historic failure
The United States rushed to seize the assets of Silicon Valley Bank on Friday after it experienced a run, the largest failure of a financial institution since Washington Mutual during the height ...
Sky21d
Silicon Valley Bank: Biggest failure since 2008 financial crisis as US regulators close bank and seize assets
It also seized the bank's assets in the middle of the business day, a sign of how dire the situation had become. The financial health of Silicon Valley Bank ... France's Cac 40 and Germany's ...
6d
First Citizens acquires troubled Silicon Valley Bank
North Carolina-based First Citizens will buy Silicon Valley Bank, the tech industry-focused financial institution that ...

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