SVB Financial Group

Greg Becker, the former CEO of SVB Financial Group, the parent company of Silicon Valley Bank, attributed the bank’s collapse to a combination of factors, including rapid rate hikes by the Federal Reserve and negative sentiment amplified by social media. ...

Investors became anxious on Friday, as Deutsche Bank AG's (NYSE: DB) shares fell by as much as 14% following a string of bank failures and bailouts worldwide.  According to Reuters, Deutsche Bank fell 11.6% in Frankfurt trading while its U.S.-listed shares fell 6%. The drops...

First Republic Bank (NYSE: FRC) slid more than 6% in the premarket on Wednesday after four days of extreme volatility. The bank’s stock was decimated in the days following the collapse of SVB Financial Group, with investors fearing a widespread failure in the banking industry could be on the...

The Justice Department and U.S. Securities and Exchange Commission are reportedly investigating Silicon Valley Bank's collapse. Investigations are in the early stages and do not necessarily imply charges or allegations of misconduct, The Wall Street Journal reported citing sources. It is common...

Trading in the U.S. index futures suggests stocks could strive to pick up some momentum after Monday’s listless performance. The fallout of the collapse of the SVB Financial Group (NASDAQ: SIVB)-owned Silicon Valley Bank has put Tuesday’s February inflation print on...

Jim Cramer, host of CNBC’s Mad Money, on Monday, said that in light of the cryptocurrency market rebound, he would be selling all of his Bitcoin (CRYPTO: BTC) holdings. What Happened: Cramer urges investors to exercise caution while dealing with Bitcoin, as the cryptocurrency is still subject...

Ark Invest founder and CEO Cathie Wood believes the bond market is “demanding” the Federal Reserve must relax its hawkish policy in the wake of SVB Financial Group’s (Silicon Valley Bank) failure (NASDAQ: SIVB). She also stated the regional bank’s...

Bill Holdings Inc. (NYSE: BILL), a cloud-based software company that automates back-office operations of small and mid-size businesses, disclosed over the weekend exposure to the Silicon Valley Bank owned by SVB Financial Group (NASDAQ: SIVB). The Bill.com Analyst: CANACCORD Genuity analyst...

After the market mayhem seen last week, some semblance of normalcy could return to Wall Street, thanks to the government’s move to assuage concerns in response to the banking crisis. The mood is likely to remain nervous as headlines on the banking fiasco continue to drop in. Cues...

Following SVB Financial Group (NASDAQ: SVB)-owned Silicon Valley Bank’s collapse, a veteran tech analyst took stock of the impact it can have on the tech sector. Historic Black Eye Moment: SVB has been an integral part of the venture capital and tech startup community for decades, serving...

The government-sponsored rescue plan for SVB Financial Group (NASDAQ: SVB) subsidiary Silicon Valley Bank was lauded by a section as the right thing to do. It, however, did not cut ice with Vivek Ramaswamy, who has declared his candidacy for the Republican presidential primary. What Happened...

Banking regulators stepped in to stem the rot at SVB Financial Group (NASDAQ: SVB)-owned Silicon Valley Bank, as they announced multiple measures, including giving depositors access to all of their money starting Monday, and making available additional funding to eligible depository institutions....

Over 100 venture capital and investment companies have reportedly signed a statement in favor of the collapsed Silicon Valley Bank, which was once owned by SVB Financial Group (NASDAQ: SIVB). What Happened: As part of mounting industry calls to contain the impact of Silicon Valley Bank’s...

The Federal Deposit Insurance Corp. reportedly began an auction for Silicon Valley Bank late on Saturday night, with the final bids required by Sunday afternoon. What Happened: Late on Saturday night, an auction process for Silicon Valley Bank was initiated by the FDIC — which that took...

As news of Silicon Valley Bank’s collapse spread across the financial world, the Federal Deposit Insurance Corp, or FDIC, and the Federal Reserve reportedly began discussing the creation of a new fund that could allow regulators to backstop more deposits at troubled banks. What...