Silicon Valley Bank sale reportedly is close, report says
Federal regulators could announce a sale of Silicon Valley Bank as soon as this weekend, according to a report at Barron’s Advisor.
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First Citizens won’t comment on rumors it still hopes to acquire Silicon Valley Bank
RALEIGH – First Citizens Bank remains hopeful of acquiring the failed Silicon Valley Bank even as the Federal Deposit Insurance Corporation on Monday moved to possibly sell the bank in pieces, according to Bloomberg News. But the bank isn’t yet commenting. “It is First Citizens Bank’s policy not to...
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Startup CEOs, listen up: Lessons to learn from Silicon Valley Bank’s failure
Startups often fail but let it never be for something as avoidable as a missed payroll because a bank did something stupid. Let’s take a look at what Silicon Valley Bank’s failure means to startups.
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Raleigh-based First Citizens Bank reportedly considers buying Silicon Valley Bank
First Citizens Bancshares, which is based in Raleigh, could become the owner of failed Silicon Valley Bank, according to various media reports over the weekend.
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Former parent company of Silicon Valley Bank has filed for bankruptcy protection
Silicon Valley Bank was not included in the bankruptcy filing in New York on Friday, but SVB Financial said it had $3.3 billion in unsecured debt and $3.7 billion in stock that could get wiped out in the bankruptcy.
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Prominent tech figures pledge support for Silicon Valley Bank, ‘I am personally sticking with SVB.’
After a rollercoaster week for Silicon Valley Bank’s customers, some prominent voices in the tech world are now publicly saying they will keep their money with the embattled lender — and they’re urging others to do the same. Hear why.
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Unraveling Silicon Valley Bank’s collapse – what happened? UNC professor explains
Yunzhi Hu, UNC Kenan-Flagler Business School assistant professor of finance, took a moment to answer some questions about why Silicon Valley Bank failed as well as possible ramifications.
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NC pension plan caught up in Silicon Valley Bank, Signature Bank shutdowns
North Carolina’s retirement fund is among companies and institutions caught up in the failures of Silicon Valley Bank and Signature Bank, having invested some $18 million in the two firms.
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Feds investigating Silicon Valley Bank’s failure
The US Justice Department and Securities and Exchange Commission are opening investigations into the collapse of Silicon Valley Bank, according to sources familiar with the matter.
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