First Citizens Bank said Monday it has agreed to acquire Silicon Valley Bank and assume control of all its deposits and loans, weeks after the lender’s historical collapse and after the Federal ...

Silicon Valley Bank attracted deposits from startup firms in the tech industry. Silicon Valley Bank, a regional lender with $210 billion in assets, served the tech industry for 40 years. It collapsed ...

The full picture of why Silicon Valley Bank failed so spectacularly and so fast has not yet come into focus. But uncommon lending practices at the cutting-edge lender contributed to its woes and raise ...

If you’re looking for reasons for the failure of Silicon Valley Bank, which was taken over by the FDIC last Friday after one of the biggest bank runs in U.S. history, one obvious culprit is the fact ...

"Supervisors failed to take forceful enough action," the Fed report said. The Federal Reserve failed in its role as banking industry watchdog in the run up to the collapse of Silicon Valley Bank, the ...

Multiple federal authorities have launched investigations into the fall of Silicon Valley Bank, the second-largest bank failure in U.S. history, as lawmakers and officials point fingers over who and ...

GeekWire chronicles the Pacific Northwest startup scene. Sign up for our weekly startup newsletter, and check out the GeekWire funding tracker and VC directory. by Nate Bek on Mar 14, 2023 at 4:12 pm ...

In a milestone moment for the banking crisis, a company has purchased most of what’s left of the bank that started the meltdown. First Citizens Bank has purchased the remaining assets, deposits and ...

The U.S. government announced that all customers of the failed Silicon Valley Bank (SVB) will have access to their funds on Monday morning, including deposits worth more than the $250,000 limit for ...

A bank that caters to many of the world's most powerful tech investors collapsed on Friday and was taken over by federal regulators, becoming one of the largest lenders to fail since the 2008 Global ...

Newly appointed Silicon Valley Bridge Bank CEO Tim Mayopoulos asked customers to return some their funds into the bank. “If you, your portfolio companies, or your firm moved funds within the past week ...