silicon valley bank

SVB UK New Owner: We’re Still in the Startup Business
SVB UK New Owner: We’re Still in the Startup Business
June 07, 2023  |  Banking

Silicon Valley Bank (SVB) UK’s new owner says the lender hasn’t lost its pro-startup philosophy. The bank, now owned by British banking giant HSBC, will...

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Report: Online Banks’ Deposits Grow as Regionals Struggle
Report: Online Banks’ Deposits Grow as Regionals Struggle
June 04, 2023  |  Digital-First Banking

It is apparently a good time to be an online bank. As The Wall Street Journal reported Saturday (June 3), these banks took in more deposits than...

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Is Fed and FDIC Data on Dropping Bank Deposits a Blip or Trend?
Is Fed and FDIC Data on Dropping Bank Deposits a Blip or Trend?
June 02, 2023  |  Banking

For banks — and specifically for their consumers: No deposit, no return? The bedrocks of finance — the commercial banks — are seeing at least...

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SVB Securities Sale Attracts Solitary Bidder
SVB Securities Sale Attracts Solitary Bidder
June 01, 2023  |  Acquisitions

Silicon Valley Bank’s former parent has reportedly drummed up little interest in its investment business. “At this time, there is one bid that is currently...

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Banking Crisis Saps FDIC Insurance Fund
Banking Crisis Saps FDIC Insurance Fund
June 01, 2023  |  Banking

The recent banking crisis has strained the U.S. government’s deposit insurance fund. That’s according to data released by the Federal Deposit Insurance Corp. (FDIC) Wednesday...

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SEC Looking Into Withdrawals Made From Silicon Valley Bank
SEC Looking Into Withdrawals Made From Silicon Valley Bank
May 30, 2023  |  Banking

The Securities and Exchange Commission (SEC) is reportedly looking into withdrawals made from Silicon Valley Bank before it collapsed. One focus of the inquiry is whether executives...

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UK Arm of Silicon Valley Bank Now HSBC Innovation Banking
UK Arm of Silicon Valley Bank Now HSBC Innovation Banking
May 30, 2023  |  Banking

HSBC is reportedly set to rename the U.K. arm of Silicon Valley Bank (SVB). The European banking giant will next month announce the rechristening, dubbing the...

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Fed Governor Says Changes to Banking Regulations Should be ‘Targeted’
Fed Governor Says Changes to Banking Regulations Should be ‘Targeted’
May 19, 2023  |  Bank Regulation

A Federal Reserve governor said changes to banking regulations should be “targeted,” not broad and fundamental. Speaking Friday (May 19) at the Texas Bankers Association...

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SVB’s ‘Twitter-Fueled’ Collapse Makes Banks Reassess Social Media
SVB’s ‘Twitter-Fueled’ Collapse Makes Banks Reassess Social Media
May 18, 2023  |  Banking

Lenders are reportedly examining their social media strategies following recent banking failures. Banks around the country have begun coming up with plans to counter online...

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