Silicon Valley

The OpenAI co-founder, who has been touring Europe all week, is a typical Silicon Valley character, also because of his controversial views

The technological giant – with almost infinite commercial and financial capacity – has made a big play in the financial services sector at a critical moment

The 125-year-old institution from North Carolina has multiplied its size by five in three years through numerous acquisitions

However, experts caution the sale doesn’t by itself provide an immediate all-clear for other banks following the second- and third-largest U.S. failures in history. That will likely take more time

Investors have been hunting for what banks could be next to fall as the system creaks under the pressure of much higher interest rates

Leaders of the Senate’s banking committee are looking into the collapse of Silicon Valley Bank and Signature Bank and have told the ex-CEOs that they expect them to testify

A handful of red-state Democrats were instrumental in helping Republicans secure a rollback of banking regulations sought by then-President Donald Trump in 2018

Industry experts predict it could become even harder for people of color to secure funding or a financial home supporting their startups

The measures requested by the president include clawing back compensation and making it easier to bar failed bank executives from working in the industry

SVB Financial Group, which ran Silicon Valley Bank up until it was seized last Friday, is filing for Chapter 11 bankruptcy protection

Just hours before Balwani was supposed to surrender to authorities, his lawyer filed documents notifying U.S. District Judge Edward Davila that he wouldn’t be doing so

The search for causes and culprits for the Silicon Valley Bank failure is refocusing attention on a 2018 federal law that rolled back tough bank regulations put in place after the 2008 financial crisis

The recent failures of Silicon Valley Bank and Signature Bank may have you worried about your money

Critics point to many red flags surrounding Silicon Valley Bank, including its rapid growth since the pandemic and its unusually high level of uninsured deposits

The lawsuit says some quarterly and annual financial reports from SVB didn’t fully account for warnings from the Federal Reserve about interest rate hikes

Entrepreneurs who had deposited all their startups’ money in Silicon Valley Bank are now realizing it makes more sense to spread their funds across several institutions

US authorities have asserted that deposits are guaranteed while investors keep dumping shares and central banks rethink their monetary policy following the collapse of Silicon Valley Bank and Signature Bank

Biden’s ability to avert a contagion among financial institutions will test his contention that his administration represents competence and stability

It’s all eerily reminiscent of the financial meltdown that began with the bursting of the housing bubble 15 years ago

What’s happening is eerily reminiscent of the financial meltdown that began with the bursting of the housing bubble 15 years ago. Yet the initial pace this time around seems even faster

The president’s words of assurance come after the swift and stunning collapse of two banks prompted fears of a broader upheaval

The British Treasury and the Bank of England ‘facilitated the sale’ of the lender to HSBC, ensuring the security of $8.1 billion of deposits

The Treasury Department, Federal Reserve and FDIC said Sunday that all Silicon Valley Bank clients will be protected

The California bank is now looking for a buyer after its debacle this week

Companies all over the world are scrambling to figure out how to manage their finances after their bank suddenly shut down Friday

The second-biggest bank failure happened after depositors began withdrawing their money creating a run on the bank.

Amazon, Alphabet, Microsoft, Meta and Apple nearly doubled their total workforce over the past three years. But now they are letting more than 50,000 employees go