Silicon Valley Bank UK arm gives $18M in bonuses
Silicon Valley Bank’s UK subsidiary doled out over $18 million in bonuses this week—just days after HSBC swooped in as part of a rescue deal to save the institution from…
Green handouts shaped SVB biz, DeSantis exposes book-ban hoax and other commentary
Climate war: Green Handouts Shaped SVB Biz “If government funds it, they will come,” snarks The Wall Street Journal’s Kimberley A. Strassel. “That’s one overlooked story line” in Silicon Valley…
How turmoil at US banks is impacting the housing market
Turmoil in the US banking sector is already having spillover effects on the nation’s struggling housing market, which has been hammered by surging mortgage rates over the past year, according…
Putting ‘diversity’ and ‘equity’ first nearly crashed the economy
Several years back I asked what it would take to halt the diversity, inclusion, equity obsession in America. What would it take to get back to excellence and competence as…
Credit Suisse given $54 billion lifeline to prevent global bank crisis
Credit Suisse on Thursday said it would borrow up to $54 billion from the Swiss central bank to shore up liquidity and investor confidence after a slump in its shares…
Regional bank stocks plunge as Credit Suisse, Moody’s downgrade rattle US market
Regional bank stocks plunged in premarket trading Wednesday as trouble at Swiss giant Credit Suisse fueled a major selloff in US markets. The latest turmoil emerged after credit rating agency…
Decoding The Silicon Valley Crisis In 5 Simple Points
Silicon Valley Bank was closed by US regulators last week. New Delhi: The collapse of Silicon Valley Bank and Signature Bank within a week has stoked fears of a larger…
Investor Robert Kiyosaki who called Lehman collapse predicts the next big US bank failure
The Wall Street analyst and investor who called the 2008 Lehman Brothers’ collapse has revealed what bank he thinks will hit insolvency next amid Silicon Valley Bank (SVB) closure shockwaves.…
Big Tech wins unfair advantage over American workers in SVB scandal
It’s true that Silicon Valley Bank didn’t get a bailout. But Silicon Valley itself absolutely did. Here’s what happened. Silicon Valley Bank is a bank for a bunch of Silicon…
Investor Michael Burry blames SVB crisis on ‘hubris and greed’
Famed investor Michael Burry shredded the executives formerly in charge of Silicon Valley Bank on Sunday as the tech lender’s sudden collapse prompted fears of a systemic meltdown. Burry, the…