Silicon Valley Bank Updates

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

Company cover image

SVB Appoints Former BofA and Amex Execs as Payments and Digital Solutions Heads

SVB Appoints Former BofA and Amex Execs as Payments and Digital Solutions Heads
SVB Appoints Former BofA and Amex Execs as Payments and Digital Solutions Heads
August 22, 2023  |  Personnel

Silicon Valley Bank has named new heads of its payments and digital solutions divisions. Get the Full Story Complete the form to unlock this article and...

READ MORE >
SVB Financial Pushes To Escrow $2B in Seized FDIC Funds
SVB Financial Pushes To Escrow $2B in Seized FDIC Funds
August 15, 2023  |  Legal & Regulation

Embattled lender SVB Financial, which is embroiled in a dispute with the U.S. Federal Deposit Insurance Company (FDIC), says it is losing $8.5 million a...

READ MORE >
Clearco’s Original Venture Backers Purchase $60 Million SVB Loan
Clearco’s Original Venture Backers Purchase $60 Million SVB Loan
August 04, 2023  |  Banking

The original venture backers of Canadian eCommerce lender Clearco are reportedly buying a loan made to the company by Silicon Valley Bank (SVB). Get the Full Story Complete the...

READ MORE >
Will Higher Bank Capital Requirements Give FinTechs a Lending Edge?
Will Higher Bank Capital Requirements Give FinTechs a Lending Edge?
July 17, 2023  |  Banking

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

READ MORE >
Deposits, Consumers and Digital Channels in Focus as Bank Earnings Get Underway
Deposits, Consumers and Digital Channels in Focus as Bank Earnings Get Underway
July 12, 2023  |  Earnings

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

READ MORE >
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. Get the Full Story Complete the form to unlock this article...

READ MORE >
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. Get the Full Story Complete the form to unlock this...

READ MORE >
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.” Get the Full Story Complete the form to unlock this article and enjoy unlimited...

READ MORE >