Newsfeeds - Spark Newswire

2 minute read

Silicon Valley Bank CEO Sold $3.6 Million In Stock And Could Be Hiding In Hawaii Now

Today, 11:29 AM

One of the banks at the center of the financial crisis of March 2023 saw several insiders sell shares before the bank had a run on withdrawals and was taken over by regulators. The CEO of that bank left his home state fairly quickly.

SIVB

2 minute read

News

WTF Is Going On With SVB?

By Gav Blaxberg

Today, 11:29 AM

It seems like everyone and their mother is talking about Banks nowadays. I’m sure Silicon Valley Bank (NASDAQ: SIVB) rings a bell? The whole situation has caused panic and fear within the banking industry: “Should I withdraw my money?”

SIVB

2 minute read

Janet Yellen’s Comments Fail To Calm Investors As First Republic Stock Remains Volatile

By AJ Fabino

Today, 11:29 AM

Growing concerns about the safety of bank deposits have prompted investors to approach community and regional banks with caution.

FRC

1 minute read

FDIC Delays Bid Deadline For Silicon Valley Private Bank; Bid Deadline Moved To Friday For Silicon Valley Bank’s Wealth-Management Bank

By Michael Horton

Today, 11:29 AM

-Reuters

KRE

1 minute read

‘Apollo, Carlyle Scour Bankrupt SVB Financial For Loan Deals; Blackstone Also Preparing To Take A Look At The SVB Loans; The Loans At Issue Could Be Valued At As Much As $10B’ – Bloomberg News

By Happy Mohamed

Today, 11:29 AM

https://news.bloomberglaw.com/bankruptcy-law/apollo-carlyle-scour-bankrupt-svb-financial-for-loan-deals

ARI

2 minute read

Bitcoin’s Bull Run Is Unstoppable: 5 Experts Forecast Next Highs, Factors Driving the Market

By Murtuza Merchant

Today, 11:29 AM

As global banks face turmoil, Bitcoin (CRYPTO: BTC) has been experiencing an astonishing rally and its proponents are already looking ahead to the coin's next sign

BTC

1 minute read

First Citizens Said To Continue Pursuit Of Silicon Valley Bank, May Join Auctions This Week For Parts Of SVB

By Bill Haddad

Today, 11:29 AM

-Bloomberg

FCNCA

1 minute read

Report: Silicon Valley Bank’s U.K. Subsidiary Handed Out Over $18M In Bonuses Days After HSBC Rescue

By Bibhu Pattnaik

Today, 11:29 AM

Silicon Valley Bank's U.K.

HSBC

1 minute read

News

FDIC Said to Move Toward Breakup Plan for Silicon Valley Bank

By Charles Gross

Today, 11:29 AM

-Bloomberg https://www.bloomberg.com/news/articles/2023-03-19/fdic-said-to-move-toward-breakup-plan-for-silicon-valley-bank

SIVB

1 minute read

News

Midsize U.S. Banks Asked FDIC To Insure All Deposits For Two Years

By Charles Gross

Today, 11:29 AM

-Bloomberg https://www.bloomberg.com/news/articles/2023-03-18/midsize-us-banks-ask-fdic-to-insure-all-deposits-for-two-years?sref=y3YMCJ4e&leadSource=uverify%20wall

KBE