US Lawmakers Met Fed, FDIC To Discuss Silicon Valley Bank’s Collapse – Coindesk
(Reuters) – U.S. lawmakers met with the Federal Reserve and Federal Deposit Insurance Corporation on Friday to discuss the collapse…
2023
Silicon Valley Bank Is Largest Failure Since 2008 Crisis, Billions Stranded
By David French, Echo Wang and Alun John (Reuters) – Startup-focused lender SVB Financial Group became the largest bank to…
Elon Musk Exercises Options To Acquire 10,500 Tesla Shares – Filing
(Reuters) – Tesla Inc Chief Executive Officer Elon Musk has exercised options to acquire 10,500 shares of the electric-vehicle maker,…
SVB CEO Becker Addresses Employees With ‘heavy Heart’ In Video
By Lananh Nguyen and Pete Schroeder NEW YORK (Reuters) -Greg Becker, the chief executive of SVB Financial Group, sent a…
Who Is Greg Becker, The Head Of Failed Silicon Valley Bank?
By Hannah Lang (Reuters) – Greg Becker, the chief executive officer who presided over the collapsed Silicon Valley Bank, joined…
After Silicon Valley Bank’s shutdown, uninsured depositors face tense wait
By Pete Schroeder WASHINGTON (Reuters) – Silicon Valley Bank’s high level of uninsured deposits helped kick off the run that…
Ford Set To Resume F-150 Lightning Production Next Week
By David Shepardson WASHINGTON (Reuters) – Ford Motor Co said on Friday it was on track to resume production of…
US Set To Further Tighten Chipmaking Exports To China – Bloomberg News
(Reuters) – The Biden administration is working to further tighten restrictions on exporting semiconductor manufacturing gear to China, Bloomberg News…
Wall St Sinks On Jitters About Banks After Mixed Jobs Report
By Sinéad Carew and Amruta Khandekar (Reuters) – Wall Street’s indexes ended down more than 1% on Friday after investors…
U.S. bank stocks fall further as regulators shutter SVB Financial
By Noel Randewich and Caroline Valetkevitch (Reuters) -Shares of U.S. banks extended recent losses on Friday, with regional banks hit…