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Peter Thiel was an FBI informant: report
10/22/2023 01:00 PM The FBI allegedly told Thiel to not discuss his interactions with Trump or other politicians.
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Man whose life sentence was commuted by Obama now charged with attempted murder in road rage incident, woman left brain-dead
05/20/2023 08:52 AM Dick Durban and Elizabeth Warren also advocated for Mills. Read More
BREAKING: FDIC moves to put beleaguered First Republic Bank in receivership after shares tank
04/29/2023 12:02 PM The bank's shares plummeted 50 percent on Friday in extended trading. Read More
'The banks are melting': Elon Musk blasts Biden for celebrating climate change agenda during economic upheaval
03/23/2023 04:38 PM Biden said , "We’ve also made the largest investment to fight climate change – ever." Read More
Elizabeth Warren seeks to raise FDIC limit to the 'right number' after SVB depositor 'bail out'
03/20/2023 06:24 PM "I think that lifting the FDIC insurance cap is a good move… Now the question is, where is the right number on lifting it." Read More
Remote work blamed for SVB collapse
03/17/2023 01:32 PM "If our time working remotely has taught us anything, it’s that we can trust our employees to be productive from wherever they work," the company's career site said. Read More
BREAKING: Peter Thiel had $50 million in failed SVB at time of collapse
03/16/2023 01:22 PM The Biden administration said on Sunday that they would move to protect all depositors at SVB. Read More
Inverse Jim Cramer ETF outperforming market trackers after just 2 weeks
03/15/2023 11:26 AM Just last month, he suggested Silicon Valley Bank was a buy at $320. The financial institution has since gone under and is in the process of being resurrected by the government. Read More
Gavin Newsom praised Biden's bailout of SVB—omitted the fact that his wine companies and personal accounts all use SVB
03/15/2023 10:49 AM Newsom also maintained personal accounts at SVB for years, according to a longtime former employee Read More
Silicon Valley Bank donated nearly $74 million to BLM, associated causes
03/15/2023 09:31 AM "The calls to end systemic racial and social inequities following the murder of George Floyd in May 2020 had a profound global impact." Read More
Silicon Valley Bank's new CEO says institution is 'conducting business as usual'
03/14/2023 01:01 PM "Depositors have full access to their money," he said, adding that "new and existing deposits are protected." Read More
BREAKING: Moody's slashes outlook for US banking system to negative due to 'rapidly deteriorating operating environment'
03/14/2023 12:17 PM Moody's lowered its outlook on the American banking system from stable to negative. Read More
SVB parent company, CEO and CFO sued by shareholders for fraud
03/13/2023 05:32 PM The lawsuit seeks unspecified damages for SVB investors between June 16, 2021, and March 10, 2023. Read More
Shares drop by 75%, trading halted on dozens of banks after Biden declares 'US banking is safe'
03/13/2023 04:08 PM Western Alliance’s stock price plummeted by three quarters, with shares in First Republic diving by 67 percent, and PacWest by more than 35 percent.
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SVB was especially popular among joint US-Chinese biotech groups
03/13/2023 03:48 PM "We tried Friday morning, but it was already too late. The transfer is still processing." Read More
Climate activist companies at risk after SVB collapse, bank was vital to 'climate-tech sector'
03/13/2023 03:32 PM "Silicon Valley Bank (SVB) was an integral part of the early-stage climate tech community." Read More
Janet Yellen says federal government won’t bail out Silicon Valley Bank
03/12/2023 03:39 PM "We're not going to do that again," said Yellen. Read More
Fed-seized Silicon Valley Bank focused on DEI, 'safe spaces' before collapse
03/12/2023 03:35 PM The company spent money on a month-long LGBTQ pride campaign and a new online resource for LGBTQ youth. Read More
BREAKING: Federal regulators auctioning Silicon Valley Bank remaining assets
03/12/2023 03:10 PM On Friday, federal regulators seized the Silicon Valley Bank (SVB) following a run on the bank and the Federal Deposit Insurance Corporation (FDIC) later said they could only guarantee insurance on deposits up to $250,000. Read More
Billionaire hedge-fund manager predicts 'economic meltdown' following Silicon Valley Bank collapse
03/12/2023 02:44 PM According to Bill Ackman, people will be rushing to withdraw cash from their banks on Monday unless the government guarantees their currently uninsured funds and "fix a-soon-to-be-irreversible mistake." Read More
Silicon Valley Bank president pressured Congress to loosen restrictions on stress tests, capital requirements after 2008 crash
03/11/2023 03:04 PM SVB president Greg Becker spent over half a million dollars on lobbying from 2015-2018. Read More
Roku had $487 million in deposits with fed-seized Silicon Valley Bank
03/11/2023 11:22 AM The Federal Deposit Insurance Corporation (FDIC) can only guarantee insurance on deposits up to $250,000. Read More
Silicon Valley Bank calls NYPD on customers trying to withdraw cash following institution's collapse
03/10/2023 05:27 PM One bank customer said this has been "the worst 18 hours of my life." Read More
BREAKING: Silicon Valley Bank seized by federal regulators after run on bank
03/10/2023 12:28 PM SVB previously announced that it was looking to raise more than $2 billion in capital after experiencing a $1.8 billion loss on asset sales. Read More
