Silicon Valley Bank

On March 13, according to foreign media reports, more than 190 companies around the world that have obtained loans from the bankrupt Silicon Valley Bank (SVB) may be looking for new banks. According to relevant data, SVB has participated in more than US $70 billion of transactions in the syndicated loan market, most of which are in the United States. The company also participated in about 18 transactions in Asia and 10 transactions in Europe. It is not clear about its specific participation in each transaction. (Golden Ten) More than 190 companies around the world may need to find another way to raise funds after the explosion of Silicon Valley banks Analysis based on this information:On March 13, foreign media reported that over 190 companies worldwide that obtained loans from Silicon Valley Bank (SVB) may need to find new banks. SVB recently declared bankruptcy, putting the future of the bank and its clients in question. Relevant data reveals that SVB…

It is reported that Valor, the trading product provider of the crypto trading platform, confirmed today that the company and all its operating subsidiaries had no risk exposure with Silvergate Bank, Signature Bank and Silicon Valley Bank. The company also confirmed that SEBA Bank AG, one of its strategic investors, had no risk exposure with Silvergate Bank, Silicon Valley Bank and USDC. （prnewswire） Valor: No risk exposure with Silvergate Bank, Signature Bank and Silicon Valley Bank Analysis based on this information:The recent statement made by Valor, the trading product provider of the crypto trading platform, confirmed that the company and its operating subsidiaries do not have any risk exposure with major banks including Silvergate Bank, Signature Bank, and Silicon Valley Bank. In addition, Valor also confirmed that SEBA Bank AG, one of its strategic investors, also had no risk exposure with Silvergate Bank, Silicon Valley Bank, and USDC. This announcement is of great significance to Valor, as it assures the…

According to reports, market news: SVB Financial Group, the parent company of Silicon Valley Bank, appointed a restructuring committee. SVB Financial Group said that the operation of SvbCapital and SvbSecurities continued. Centerview Partners provides consulting services to us to explore alternative solutions for its business operations. SVB Financial Group, the parent company of Silicon Valley Bank, appointed the restructuring committee Analysis based on this information:SVB Financial Group, the parent company of Silicon Valley Bank, recently made an announcement about the appointment of a restructuring committee. This move comes amidst a challenging time for the financial sector as a whole. The specifics regarding what led to the decision to restructure are unclear, but the company confirmed that the operations of SvbCapital and SvbSecurities would continue throughout the process. This move signals the company’s efforts to remain operational and profitable, despite the challenges. According to the reports, Centerview Partners would play an important role in providing consulting services to explore alternative solutions…

It is reported that the bank incident in Silicon Valley continues to ferment. A spokesman of the Hong Kong Monetary Authority said that the HKMA has been closely following the development of SVB. According to the HKMA, the risk exposure of Hong Kong banks to SVB is very small and does not pose a risk to the stability of the Hong Kong banking system. The spokesman of the HKMA reiterated that Silicon ValleyBank did not operate banking business in Hong Kong and only had a local representative office. It is not an authorized institution and therefore cannot operate banking or deposit taking business in Hong Kong. Hong Kong Monetary Authority: Hong Kong banks have little exposure to SVB Analysis based on this information:In recent news, the Silicon Valley Bank (SVB) has been causing a stir within the industry, leading to the Hong Kong Monetary Authority (HKMA) to issue a statement addressing concerns over the bank’s potential risks. The HKMA spokesperson…

It is reported that the Federal Deposit Insurance Corporation of the United States: transferred all deposits of Silicon Valley Bank (SVB) to the bridge bank with a transitional nature. Bridge Bank, a transitional bank, will continue to provide online banking and ATM services. The check of SVB customers will be cleared and the loan will be paid. Federal Deposit Insurance Corporation of the United States: checks of Silicon Valley bank customers will be cleared and loans will be paid Analysis based on this information:The Federal Deposit Insurance Corporation (FDIC) has recently transferred all deposits of Silicon Valley Bank (SVB) to a bridge bank with a transitional nature. This move has raised several questions among the customers of SVB who are wondering what led to the decision and what the implications of the transfer are. In this interpretation, we will delve deeper into the message and provide some insight into what it may mean. Firstly, it is important to understand what…

According to reports, the Hong Kong Securities Regulatory Commission said that Silicon Valley Bank is not the major shareholder of any licensed corporation in Hong Kong, nor is it the issuer of any funds and retail structured products approved by the Securities Regulatory Commission. Hong Kong Securities Regulatory Commission: Silicon Valley Bank is not the major shareholder of any licensed corporation in Hong Kong Analysis based on this information:The Hong Kong Securities Regulatory Commission (SRC) has released a statement saying that Silicon Valley Bank (SVB) is not a major shareholder of any licensed corporation in Hong Kong, nor is it an issuer of any funds and retail structured products approved by the SRC. SVB, one of the most reputable banks in the world, has long been regarded as a major player in the international finance industry. However, the recent statement by the SRC indicates that its presence in Hong Kong is quite limited. This news may come as a surprise…

According to reports, French Finance Minister Le Maire said that the French banking industry has a high level of liquidity and is under extremely strict supervision. We will pay close attention to the situation of Silicon Valley Bank (SVB). The failure of banks in Silicon Valley will not pose a risk to the French banking system. French Finance Minister Le Maire: will pay close attention to the situation of Silicon Valley Bank Analysis based on this information:The announcement from French Finance Minister Le Maire regarding the stability of the French banking industry comes as a reassurance to the market. The statement was made in response to concerns about the failure of Silicon Valley Bank, a California-based bank that specializes in offering services to startups and technology firms. Despite the reputation of the bank and the potential risks it poses, the minister assured the public that the French banking system is stable and under strict supervision. The French banking industry is…

According to reports, Softbank Group said that the collapse of Silicon Valley Bank had little impact on companies supported by SVF (Softbank Vision Fund). Softbank also said: “It is not expected that the Bank of Silicon Valley will have an impact on our financial situation.” Softbank: Silicon Valley Bank has little influence on companies supported by Softbank Vision Fund Analysis based on this information:Softbank Group, a multinational conglomerate headquartered in Tokyo, Japan, announced that the fall of Silicon Valley Bank (SVB) will not negatively impact the companies supported by the Softbank Vision Fund (SVF). The bank’s troubles began in March, when Zachary Scott Hill, a former SVB vice president, pleaded guilty to embezzling more than $4.7 million from the bank. To avoid taking responsibility for the misappropriated funds, Hill fled the country, and his whereabouts remain unknown. In light of these events, Softbank clarified that SVB’s downfall would not have a significant impact on its operations. More specifically, Softbank stated…

It is reported that according to a statement, HSBC acquired the British subsidiary of Silicon Valley Bank for £ 1. As of March 10, the British subsidiary of Silicon Valley Bank had loans of about 5.5 billion euros and deposits of about 6.7 billion pounds. The Bank of England said in a separate statement that it had facilitated the transaction, and customer deposits would be protected, and the transaction did not involve taxpayers’ money. HSBC Holdings: Acquisition of the UK subsidiary of Silicon Valley Bank for £ 1 Analysis based on this information:HSBC, one of the world’s largest banking and financial services organizations, has recently acquired the British subsidiary of Silicon Valley Bank for a nominal fee of £1. According to reports, the British subsidiary of Silicon Valley Bank had loans of around 5.5 billion euros and deposits of about 6.7 billion pounds as of March 10th, 2021. This move comes as no surprise as HSBC, along with other financial…

On March 13, Nic Carter, founder of Castle Island Ventures, a digital asset company, said that the government’s willingness to provide support for the Silicon Valley Bank and Signature meant that it had returned to the mode of providing liquidity rather than tightening, and the loose monetary policy had proved to be the “gospel” of cryptocurrency and other speculative asset classes in history, but this instability once again showed the vulnerability of the stable currency, Unusual financial conditions may cause them to fall below their fixed value. It is reported that Signature and Silvergate are the two main cooperative banks of encryption companies, and nearly half of American venture capital backed startups deposit cash in Silicon Valley banks, including crypto-friendly venture capital funds and some digital asset companies. Viewpoint: The failure of three banks, including Silicon Valley Bank, may limit the liquidity of the encryption industry Analysis based on this information:In a statement made on March 13, 2020, Nic Carter,…

It is reported that HSBC Holdings has become a potential bidder for the British branch of Silicon Valley Bank. At present, the British government is trying to extricate the bank at the last moment. HSBC Holdings may be interested in bidding for Silicon Valley Bank UK Branch Analysis based on this information:HSBC Holdings, one of the largest banking and financial services companies in the world, is reportedly considering a bid for the British branch of Silicon Valley Bank. According to sources, this move is in line with the bank’s strategy to boost its technology and innovation capabilities amid increasing competition from fintech startups. The potential acquisition comes at a time when the British government is seeking to extricate Silicon Valley Bank from the UK market, citing concerns over the bank’s financial stability. This move could prompt other contenders to join the race to acquire the bank, which has a strong presence in the US and has been operating in the…

According to reports, Circle, the issuer of the USDC, issued a letter in response to the USDC\’s anchor withdrawal, saying that if the reserve of US $3.3 billio…

It is reported that Watcher Guru disclosed on social media that more than 200 British companies will not be able to pay their employees’ salaries due to the bankruptcy of Silicon Valley Bank. More than 200 British companies will not be able to pay salaries due to the bankruptcy of Silicon Valley Bank Analysis based on this information:The news of the bankruptcy of Silicon Valley Bank has caused concerns among British companies as it is reported that over 200 companies will not be able to pay their employees’ salaries. Watcher Guru disclosed this information on a social media platform that created a stir in the business world. Silicon Valley Bank was one of the popular banks for start-ups and tech firms. It provided loans and essential financial services to young companies that aimed to disrupt the industry. It was an attractive option due to its specialization, which enabled it to understand the needs of the tech industry, unlike traditional banks….

It is reported that David Schwartz, the chief technology officer of Ripple, said in response to the question about whether the company had contacted the failed Silicon Valley bank that the official statement of Ripple would be released soon. He will not make any personal comments on this matter before making a statement. The collapse of Silicon Valley banks has shaken the global financial markets, but as of the writing of this article, Ripple has not provided any statement on whether there is any capital exposure in Silicon Valley banks. （u.today） Ripple CTO: An official statement will be issued soon on the situation of banks in Silicon Valley Analysis based on this information:The recent collapse of a Silicon Valley bank has sent shockwaves throughout the global financial markets, raising questions about the extent of its impact on Ripple, a leading blockchain-based payments platform. As the market awaits a statement from Ripple, David Schwartz, the company’s chief technology officer, has remained…

It is reported that as of March 12, 325 venture capital institutions, including Sequoia Capital, have signed a joint statement of support for the Bank of Silicon Valley; In addition, 650 founders who employed more than 22000 employees also signed a statement saying that they required the regulatory authorities to prevent the disaster. This statement from the venture capital industry is led by the venture capital company General Catalyst. 325 venture capital institutions including Sequoia and 650 founders jointly stated that the Bank of Silicon Valley cannot fail Analysis based on this information:The venture capital industry has taken a stand to support their own, as 325 firms, including major player Sequoia Capital, signed a joint statement in support of the Bank of Silicon Valley. Furthermore, 650 founders from across the industry, employing over 22,000 employees, also signed a statement showing their support and urging regulatory authorities to intervene to prevent potential disaster for the Bank of Silicon Valley. It is…

It is reported that the British government is trying to promote the acquisition of the British subsidiary of Silicon Valley Silver to prevent the impact from spreading to the entire technology industry, according to the Financial Times. A wealthy Middle East buyer has expressed interest. British technology company executives have been lobbying the government to mitigate the losses caused by their inability to use the bank’s account on Monday. Legally, the British subsidiary of Silicon Valley Bank is independent of the parent company headquartered in California, which was closed by the US regulators on the same day. This means that there may be two different buyers acquiring the banking sector in the United States and the United Kingdom, although potential bidders may wish to acquire both banking sectors at the same time. Several people familiar with the British bidding process said that a Middle East buyer was one of the main bidders. An insider said that as of last night,…

It is reported that SVB Moffettnathanson, a securities division of Silicon Valley Bank (SVB), is expected to continue its normal operation. The departments under SVB Securities are expected to continue to operate normally Analysis based on this information:The announcement that SVB Moffettnathanson, a securities division of Silicon Valley Bank (SVB), will continue its normal operations is a positive sign for the industry. The report states that the division will not be affected by the recent changes at SVB, and will continue to provide the same high-quality services that its clients have come to expect. SVB Moffettnathanson is a securities division that focuses on providing investment banking and brokerage services to its clients. It has built a reputation for being a reliable and trustworthy partner, and its clients include some of the most successful companies in the tech industry. The fact that SVB Moffettnathanson will continue its normal operations is significant because it signals that the recent changes at SVB will…

12:00-21:00 Key words: US FDIC, Silicon Valley Bank, PeopleDAO, Powell Overview of important developments in the evening of March 12 Analysis based on this information:The message that was given with the key words “12:00-21:00 US FDIC, Silicon Valley Bank, PeopleDAO, Powell” suggests a possible collaboration between these organizations. Exploring what each of these entities is, their roles, and how they work can give us a better understanding of what this message might mean. The US Federal Deposit Insurance Corporation (FDIC) is a federal agency that is responsible for protecting bank deposits and promoting consumer confidence in the financial system. They ensure that people who deposit money in banks protected by the FDIC will be compensated if their bank fails. The FDIC plays a crucial role in maintaining stability in the US banking system. Silicon Valley Bank is a commercial bank that specializes in serving entrepreneurs and technology companies. They offer a range of financial services that cater to startups and…

It is reported that the UK’s largest commercial street bank was given a 24-hour deadline to save the UK branch of Silicon Valley Bank from bankruptcy, because the Bank of England is preparing to bring it into bankruptcy proceedings. According to British Sky News, loan institutions including Barclays Bank and Lloyds Bank Group have been asked to consider whether they can make a takeover offer for Silicon Valley Bank UK Branch. Many institutions, including Bank of London, are interested in finalizing the transaction. It is expected that many large commercial banks will examine the prospect of the transaction, although the possibility of one of them to intervene seems very small. An executive of a large British bank said that they were allowed to enter a data room at the weekend. A source said that Rothschild, the investment bank, had been asked to deal with this procedure as soon as possible with the permission of the Bank of England. Major British…

It is reported that after the bank of Silicon Valley announced its bankruptcy in a flash on March 10, it triggered a severe shock in the capital market. Investors are paying high attention to the possible chain reaction caused by the event. Lise Buyer, a senior adviser to the US IPO and founding partner of Class V Group, said that if the Silicon Valley Bank could not be rescued at the weekend, 80% of the startups supported by venture capital would be affected to varying degrees. Relevant regulatory filing documents show that as of December last year, more than 95% of deposits in Silicon Valley banks had not been insured, and many of these depositors were start-up companies. The market is worried that because enterprises may not be able to pay wages this month, this will in turn trigger a wave of large-scale closures and layoffs in the technology industry. (I) International investors: Silicon Valley Bank may affect 80% of…