Silicon Valley Bank Updates

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

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Community Bank Customers Hit Pause on Mass Deposit Withdrawals
Community Bank Customers Hit Pause on Mass Deposit Withdrawals
April 03, 2023  |  Banking

The bank runs are still fresh in our collective consciousness. But for the community banks, the scramble to get deposits out seems to have abated....

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White House Wants New Rules for Midsize Banks
White House Wants New Rules for Midsize Banks
March 29, 2023  |  Bank Regulation

The White House plans to call for tougher regulation of midsize banks. The recommendations for congressional action could be announced within days and would follow...

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Internal Fed Watchdog Investigating SVB Collapse
Internal Fed Watchdog Investigating SVB Collapse
March 29, 2023  |  Digital-First Banking

The Federal Reserve’s inspector general has begun a probe into Silicon Valley Bank’s collapse. A spokesperson for the Office of Inspector General (OIG) told PYMNTS Wednesday (March 29) that...

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Possible Banking Regulations Come to Light During Senate Hearing
Possible Banking Regulations Come to Light During Senate Hearing
March 28, 2023  |  Bank Regulation

Possible future banking regulations came to light during a Senate committee hearing. The proposals were mentioned by Federal Reserve Vice Chair for Supervision Michael Barr...

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SVB Implosion Could Blow Half-Trillion-Dollar Hole in VC Sector as Valuations Become More Clear
SVB Implosion Could Blow Half-Trillion-Dollar Hole in VC Sector as Valuations Become More Clear
March 27, 2023  |  Startups

Venture capital (VC) firms should prepare for a whole new level of scrutiny in the wake of the Silicon Valley Bank (SVB) implosion, market watchers...

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Regulators Seek ‘Unflinching’ Look at SVB and Bank Supervision at Capitol Hill Hearings
Regulators Seek ‘Unflinching’ Look at SVB and Bank Supervision at Capitol Hill Hearings
March 27, 2023  |  Bank Regulation

It’s common practice on Capitol Hill for witnesses — appearing before various committees — to release their testimony ahead of time. And what’s written down...

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SVB and Signature Were ‘Allowed to Fail,’ Says FDIC Chair
SVB and Signature Were ‘Allowed to Fail,’ Says FDIC Chair
March 27, 2023  |  Banking

America’s banking regulator is investigating the recent collapse of two lenders. Martin Gruenberg, chairman of the Federal Deposit Insurance Corp. (FDIC), says his agency is...

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IPO Fundraising Falls 70% Amid Banking Crisis
IPO Fundraising Falls 70% Amid Banking Crisis
March 26, 2023  |  IPO

The global market for initial public offerings continues to struggle amid banking sector upheaval. That’s according to data published Sunday (March 26) by Bloomberg News,...

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Startups Fear Existential Threat Following Silicon Valley Bank Collapse
Startups Fear Existential Threat Following Silicon Valley Bank Collapse
March 26, 2023  |  Startups

Startups are worried that the Silicon Valley Bank collapse could bring about their own. That’s according to a report Saturday (March 25) by the Financial...

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