Silicon Valley Bank

According to reports, sources have reported that the Chief Auditor of Silicon Valley Bank and the Chief Risk Officer, Kim Olson, who has only been in office for three months, will

On April 11th, Massachusetts Senator Elizabeth Warren and New York State Representative Alexandria Ocasio Cortez wrote to the 14 largest depositors of Silicon Valley Bank on Sunday

On April 2nd, Moody\’s predicted that the collapse of Silicon Valley Bank and Signature Bank may trigger additional regulatory requirements, especially in terms of counterparty dive

12:00-21:00 Keywords: Microstrategy, Silicon Valley Bank, Alibaba Cloud, Gucci
Overview of important developments in the evening of March 27
I. Introduction A. Explanation of Ke

According to reports, Silicon Valley Bank has sold to First Citizens Bank, which will later take over $119 billion in deposits from Silicon Valley Bank. According to Crypto KOL, th

According to reports, people familiar with the matter said that First Citizens BancShares of the United States is in in-depth negotiations to acquire Silicon Valley Bank, and an ag

According to reports, Godwin Emefiele, President of the Central Bank of Nigeria (CBN), a recent review of the bond portfolio of Nigerian banks showed that financial institutions in

According to reports, market news indicates that Silicon Valley National Bank and First Citizen Bank are interested in bidding for the failed Silicon Valley bank.
Silicon Valley Na

On March 23rd, Federal Reserve Chairman Powell said that after the collapse of Silicon Valley Bank (SVB), the Federal Reserve significantly reversed its efforts to reduce the size

According to reports, First CITIZENS of the United States will continue to seek to acquire Silicon Valley Bank. First Citizen Bank of the United States may participate in this week

According to reports, people familiar with the matter said that US regulators are embarking on a split of Silicon Valley Bank (SVB) due to the failure to find a suitable buyer for the entire company. The Federal Deposit Insurance Corporation (FDIC) is currently seeking to sell the bankrupt bank in at least two parts. The Federal Deposit Insurance Corporation of the United States is reportedly pushing ahead with its plan to spin off banks in Silicon Valley Analysis based on this information:Reports have emerged that the Silicon Valley Bank (SVB) may be split by US regulators as they are facing difficulty in finding a suitable buyer to purchase the entire company. The Federal Deposit Insurance Corporation (FDIC) is presently seeking to sell the bankrupt bank for at least two parts. This news, if true, has massive implications not only for the bank but also for the broader technology and startup ecosystems, as SVB is known for being one of the…

According to reports, people familiar with the matter disclosed that First Citizens BancShares of the United States is evaluating its acquisition offer for Silicon Valley Bank. People familiar with the matter said the First Citizen Bank of the United States, headquartered in Naroli, North Carolina, is one of the few potential buyers of the bankrupt Silicon Valley bank, and the offer will be closed on Sunday morning. Insider: First Citizen Bank of the United States is considering acquiring Silicon Valley Bank Analysis based on this information:According to reports, First Citizens BancShares of the United States is currently evaluating its acquisition offer for Silicon Valley Bank. The potential acquisition of the bankrupt Silicon Valley Bank has captured the attention of many business news outlets, especially since the First Citizen Bank is one of the few potential buyers of the tech-focused financial institution. The offer is set to close on Sunday morning. First Citizens BancShares is headquartered in Naroli, North Carolina, and…

According to reports, Silicon Valley Bank Financial Group said that it received a notice from Nasdaq on Friday that its shares would be delisted because it no longer meets the requirements for continued listing. The stock was suspended from trading on March 10th and will cease listing on March 28th. It is reported that the company does not intend to appeal against the Nasdaq decision. Silicon Valley Bank Financial Group to be delisted from NASDAQ Analysis based on this information:Silicon Valley Bank Financial Group, a California-based commercial bank, has received a delisting notice from Nasdaq after it failed to meet the requirements for continued listing. The bank’s shares were suspended from trading on March 10th and will be delisted on March 28th. The decision to delist came after the bank was found to be noncompliant with the exchange’s rules regarding minimum net income and stockholders’ equity. This announcement is a significant blow to Silicon Valley Bank, which has been struggling…

According to reports, Silicon Valley Bank (SVB) filed for Chapter 11 bankruptcy protection in New York. SVB Financial Group stated that the Group has approximately US $2.2 billion in liquidity, and the financial team is evaluating strategic options. Subsidiaries filing for bankruptcy do not include SVB Securities and SVB Capital. Silicon Valley Bridge Bank (N.A) was not included in bankruptcy protection proceedings. (Jin Shi) SVB filed Chapter 11 bankruptcy protection in New York Analysis based on this information:Silicon Valley Bank, a subsidiary of SVB Financial Group, has filed for Chapter 11 bankruptcy protection in New York. The news has taken many investors and experts by surprise as the bank has been considered as one of the most reliable and stable banks in the United States. However, the move doesn’t include SVB Securities and SVB Capital. According to reports, the bank has approximately US $2.2 billion in liquidity, which has raised questions about why it decided to file for bankruptcy protection….

It is reported that the collapse of Silicon Valley Bank (SVB) has led to a significant flow of funds from the Centralized Exchange (CEX) to the Decentralized Exchange (DEX). Chainalysis, a blockchain analysis company, explained in a blog post on March 16th that when markets are volatile, capital outflows from centralized exchanges typically surge, as users may worry that they will not be able to use their funds in the event of an exchange failure. Chainalysis: After the collapse of the Silicon Valley bank, crypto users turned to DEX, and the purchase volume of USDCs on DEX surged Analysis based on this information:The collapse of Silicon Valley Bank (SVB) has triggered a significant shift in the movement of funds from centralized exchanges (CEX) to decentralized exchanges (DEX), according to a blog post released on March 16th by Chainalysis, a blockchain analysis company. As the markets continue to remain volatile, the capital outflows from centralized exchanges have surged, and users have…

According to reports, people familiar with the matter disclosed that the regulators of the Federal Deposit Insurance Corporation (FDIC) of the United States required financial institutions interested in acquiring bankrupt Silicon Valley Bank and Signature Bank to submit bids before March 17 (Friday). The goal is to sell both Silicon Valley Bank and Signature Bank. If it cannot be sold as a whole, it is also possible to consider selling a portion of the equity interests of the two banks. Insider: Signature buyer must agree to abandon all encryption business of the bank Analysis based on this information:The Federal Deposit Insurance Corporation (FDIC) is reportedly looking to sell Silicon Valley Bank and Signature Bank, and a deadline of March 17 has been set for financial institutions to submit their bids. The FDIC is regulating the sale of both banks, and it is expected that the process will be completed in the near future. It is not clear why the FDIC…

According to reports, market news: The Federal Deposit Insurance Corporation (FDIC) is focusing on Friday’s bid for Signature Bank and Silicon Valley Bank (SVB). US FDIC is focusing on Friday’s bid for Signature Bank and Silicon Valley Bank Analysis based on this information:The Federal Deposit Insurance Corporation (FDIC) is a governmental agency that aims to provide insurance protection for depositors and promote the stability and safety of the banking system. Recently, the agency has reportedly been paying attention to the bid for Signature Bank and Silicon Valley Bank (SVB). Signature Bank, headquartered in New York, is a full-service commercial bank that provides financial services to businesses, individuals, and other organizations. SVB, based in California, is a bank that specializes in serving start-ups, venture capitalists, and technology companies. The FDIC has the power to approve or reject the acquisition of banks based on various factors such as the financial health of the acquiring company, the potential impact on competition, and the…

It is reported that the source revealed that the African cross-border payment platform Chipper Cash, supported by the Silicon Valley Bank (SVB) and the Cryptocurrency Exchange FTX, is weighing various options, including exploring the sale or finding new investors. Chipper Cash received a US $250 million financing led by FTX and SVB in 2021. FTX invested a total of US $40 million in it, and SVB owned 2% of its equity. At that time, its valuation was about US $2 billion. (Bloomberg) Chipper Cash is considering selling and has been invested by Silicon Valley Bank and FTX Analysis based on this information:Chipper Cash, the cross-border African payment platform, is reportedly exploring a range of options, including a potential sale or finding new investors. The company has been supported by the Silicon Valley Bank (SVB) and the Cryptocurrency Exchange FTX, who led a $250 million financing round in 2021. FTX invested a total of $40 million in the platform, while SVB…

It is reported that the market turbulence caused by the collapse of the Silicon Valley Bank briefly led to the breaking of the link between the USDC stable currency of Circle and the US dollar. In response, the management team of the stable currency issuer has called on the US Congress to urgently pass the stable currency legislation. In an interview with Jennifer Schonberger of Yahoo Finance, Maxine Waters, chairman of the House Financial Services Committee, said that the legislation might be passed in a few days, and suggested that the delay was due to the fear of which party would control the House of Representatives. US Congressman: The US may pass the stable currency legislation in a few days Analysis based on this information:The recent collapse of the Silicon Valley Bank has caused widespread market turbulence, leading to knock-on effects on other businesses and investors. The incident has even briefly broken the link between the USDC stable currency of…

It is reported that Becker, the chief executive of Silicon Valley Bank, has sold nearly US $30 million of shares in the past two years, triggering new doubts about the sale of shares by insiders of the bank. Becker sold $3.6 million worth of shares on February 27, and just a few days later, the bank disclosed a huge loss, which triggered the decline and collapse of the share price. According to Smart Insider, Becker has sold a total of 29.5 million shares in the past two years. Other executives of Silicon Valley Bank, including the chief marketing officer and chief financial officer, have also sold shares worth millions of dollars since 2021. The bank’s executives and directors have cashed out a total of $84 million worth of shares in the past two years. The executives of Silicon Valley Bank cashed out $84 million of shares in two years, raising doubts Analysis based on this information:The news that the chief…