SVB - Page 2

India’s SVC Bank Reassures Depositors It Has Nothing to Do with Collapsing SVB Bank

India’s small SVC Co-Operative Bank spent the weekend scrambling to reassure depositors it has no connections whatsoever to the imploding Silicon Valley Bank (SVB) of California. In addition to some confusion over their similar names, SVC executives said “social media rumors” have been spreading that linked the two banks together and claimed SVC is also trembling on the verge of collapse.

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Maher: ‘We Should Have Seen’ SVB Collapse Coming

During the “Overtime” segment of Friday’s broadcast of HBO’s “Real Time” aired on CNN, host Bill Maher stated that we should have seen the collapse of Silicon Valley Bank (SVB) due to the large amount of tech sector layoffs. In

Bill Maher on 9/21/18 "Real Time"

Carney on ‘Kudlow’: Silicon Valley Bank’s Failure Signals the End of the ‘Cheap Money Ecosystem’ Fueling CA Tech Start-Ups

The “cheap money ecosystem” that fed the tech start-up culture has come to an end with the Federal Reserve raising interest rates to curb inflation, and the failure of Silicon Valley Bank might be the first domino to fall among California-based financial institutions, Breitbart Economics Editor John Carney said in an interview Friday with Fox Business host Larry Kudlow.

The Silicon Valley Bank logo on a smartphone arranged in Riga, Latvia, on Friday, March 10