collapsed

The US Federal Deposit Insurance Corporation, a government regulator, has assured all SVB depositors that they will be able to access their balances in full after the bank collapsed on Friday following a bank run. It was triggered by…

Ben Sand has flown to Santa Clara, California, to get his money back.The founder of Sydney AI training start-up Strong Compute had transferred a “material” amount of his company’s cash into Silicon Valley Bank just last week to fuel its…

New Delhi: Three days after the collapse of the Silicon Valley Bank caused panic among its depositors, startups, and the American banking system as a whole, the US government and regulators have intervened with decisive steps. These…

By CHRIS MEGERIAN (Associated Press) WILMINGTON, Del. (AP) — Treasury Secretary Janet Yellen said Sunday that the federal government would not bail out Silicon Valley Bank, but is working to help depositors who are concerned about their…

WILMINGTON, Del. —  Treasury Secretary Janet Yellen said Sunday that the federal government would not bail out Silicon Valley Bank, but is working to help depositors who are concerned about their money. The Federal Deposit Insurance…

Twitter boss Elon Musk on Saturday said that he is open to the idea of buying the collapsed Silicon Valley Bank (SVB) and turning it into a digital bank.Min-Liang Tan, co-founder and CEO of Razer (a consumer electronic company), tweeted: "I…

SAN JOSE — Roku has more than one-fourth of its cash at failed Silicon Valley Bank — mainly in uninsured deposits — a disquieting disclosure by the tech titan that hints at wider woes due to the bank’s stunning collapse. The streaming giant…

There’s a race to save a craft brewing company that collapsed after it buckled under rising costs – despite generating $40 million in revenue.Tribe Breweries, which includes brands such as Stockade Brew, Mornington Peninsula Brewery and…

A 32-year-old mother who was in the middle of teaching a fitness class collapsed and died of a brain aneurysm.Katy Hancock, from Cambridgeshire, in the UK, was suffering from headaches before she collapsed and was rushed to hospital.The…

Customers owed millions of dollars from a collapsed furniture retailer are furious to learn they will have to pay onerous delivery fees if they want to receive items that are rightfully theirs. That’s despite these customers already paying…