Silicon Valley Bank Updates

The latest coverage and analysis from PYMNTS following the dramatic collapse of Silicon Valley Bank (SVB).

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Silicon Valley Bank Cautiously Restarts Lending Operations
Silicon Valley Bank Cautiously Restarts Lending Operations
July 05, 2023  |  Banking

Silicon Valley Bank (SVB) has reportedly — and carefully — reentered the startup/venture lending business. As The Wall Street Journal (WSJ) reported Wednesday (July 5), the bank —...

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US Bank Deposits Rise, Signaling Easing of Pressure From Withdrawals
US Bank Deposits Rise, Signaling Easing of Pressure From Withdrawals
June 23, 2023  |  Banking

Deposits at U.S. banks rose last week but remain below where they were in March. The deposits rose to $17.22 trillion in the week ended...

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US Taxpayers Backstopped Big Tech, VC Billions During SVB Collapse 
US Taxpayers Backstopped Big Tech, VC Billions During SVB Collapse 
June 23, 2023  |  Connected Economy

If money could’ve talked this spring, it would’ve been saying “goodbye.” Or so politicians, businesses and individuals around America thought when Silicon Valley Bank (SVB) collapsed...

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SVB Customers in Asia Still Stuck With Outstanding Loans
SVB Customers in Asia Still Stuck With Outstanding Loans
June 19, 2023  |  Banking

Silicon Valley Bank customers in Asia are reportedly facing dual headaches following the lender’s collapse. These customers had their deposits seized by the Federal Deposit...

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Original SVB Securities Team Plans to Buy It Back, Excludes MoffettNathanson
Original SVB Securities Team Plans to Buy It Back, Excludes MoffettNathanson
June 18, 2023  |  Banking

A management team bidder group plans to acquire SVB Securities from SVB Financial Group. The bidder group is led by SVB Securities CEO Jeff Leerink and backed by The Baupost...

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FDIC Readies Sale of SVB’s $460 Million German Business
FDIC Readies Sale of SVB’s $460 Million German Business
June 16, 2023  |  Banking

Beginning next week, bidders will get the chance to purchase Silicon Valley Bank’s German business. The Federal Deposit Insurance Corp. (FDIC) is set to open a data...

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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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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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