Tag: Silicon Valley Bank

Business

Deposit drain from smaller banks into financial giants...

Uncertainty caused by the collapse of Silicon Valley Bank this month triggered outflows and plunging share prices at peers including...

Business

Musk wants all bank deposits in the US to be guaranteed.

Tesla CEO Elon Musk tweeted on Tuesday that all deposits in the US should be guaranteed in order to stop bank runs Read Full Article...

Business

HSBC bought Silicon Valley Bank UK in record time — here's...

The CEO of HSBC UK said he would not have guessed — just a few days beforehand — that it would be buying Silicon Valley Bank UK.