Silicon Valley Bank

The US Securities and Exchange Commission (SEC) has raised concerns regarding the potential impact of generative AI on financial markets. Speaking at the National Press Club on Monday, SEC Chair Gary Genslerhighlighted that the recent…

Richard Cooper’s phone is something of an early alarm bell for the global economy. Lately, it’s been ringing a lot. A partner at Cleary Gottlieb, a top law firm for corporate bankruptcies, he’s advised businesses worldwide for decades on…

India's top four information technology firms are expected to post only a marginal increase sequentially in fiscal first-quarter revenue in constant currency, as weakness in the banking and financial services (BFS) sector and persistently…

MADRID: US Federal Reserve Chair Jerome Powell said Thursday (Jun 29) that stronger regulation and greater agility was required in supervising the banking sector following a string of high-profile failures earlier this year. "We need to…

SoftBank Group Corp.’s Vision Fund is preparing to start another round of layoffs as soon as this week, following an approximate 30% reduction last fiscal year, according to people familiar with the matter. About 13% of the Vision Fund…

Healthcare investment firm SVB Securities announced Sunday that its management team would buy out the company from parent Silicon Valley Bank, the California-based lender whose brisk collapse in March shook financial markets.SVB Securities…

IPING, United Kingdom: Exactly a month ago I was married in St Andrew’s Church, Didling, in front of a vicar, family and friends. It was divine. As a Hitchens-grade atheist, however, I had to stifle the odd hypocritical pang. Thankfully,…

Darrell Duffie is the Adams Distinguished Professor of Management at Stanford University’s Graduate School of Business. Speaking to Srijana Mitra Das, he explains risks facing the US and world markets — and navigating these:Q. What is the…

MUMBAI: Silicon Valley Bank's collapse continues to reverberate globally. Regulators across the world, including the RBI, are reconsidering bond valuation norms. A regulatory provision that enabled Indians banks to avoid keeping money aside…

First Citizens, the new owner of now-collapsed Silicon Valley Bank's (SVB) US operations, has said that it plans to cut 500 roles previously held by SVB employees, reported BBC. The news outlet cited an e-mail by First Citizens' chief…