SVB Financial Group

A Brinks armored truck sits parked in front of the shuttered Silicon Valley Bank (SVB) headquarters on March 10, 2023 in Santa Clara, California.Justin Sullivan | Getty ImagesTech founders and execs were undeterred by the inclement weather…

Greg Becker, the chief executive officer who presided over the collapsed Silicon Valley Bank, joined the company three decades ago as a loan officer.The executive cut his teeth during the dotcom bubble and later steered the startup-focused…

Venture capital firms on both sides of the Atlantic have been urging their portfolio companies to move money out of embattled lender Silicon Valley Bank, deepening fears of a run on the tech-focused bank.Silicon Valley Bank shares plunged…

Financial regulators have closed Silicon Valley Bank and taken control of its deposits, the Federal Deposit Insurance Corp. announced Friday, in what is the largest U.S. bank failure since the global financial crisis more than a decade…

A video sign displays the logo for Roku Inc, a Fox-backed video streaming firm, in Times Square after the company's IPO at the Nasdaq Market in New York, September 28, 2017.Brendan McDermid | ReutersRoku has $487 million of cash and cash…

Employees stand outside of the shuttered Silicon Valley Bank (SVB) headquarters on March 10, 2023 in Santa Clara, California. Justin Sullivan | Getty ImagesThe sudden collapse of Silicon Valley Bank has thousands of tech startups wondering…

Nikolas Kokovlis | Nurphoto | Getty ImagesVenture capitalists and technology executives are scrambling to make sense of and account for the potential repercussions of the sudden implosion of Silicon Valley Bank on Friday.The Federal Deposit…

A Brinks armored truck sits parked in front of the shuttered Silicon Valley Bank (SVB) headquarters on March 10, 2023 in Santa Clara, California.Justin Sullivan | Getty ImagesOn Wednesday, Silicon Valley Bank was a well-capitalized…

One of the largest banks in the US has spectacularly collapsed after it faced a bank run with customers scrambling to withdraw their cash. Silicon Valley Bank (SVB), based near San Jose, closed its doors on Friday after the California state…

SVB Financial Group's efforts to raise money have failed and the troubled bank was in talks to sell itself, CNBC reported on Friday, as a crisis at the tech-heavy lender rippled through global markets and hit banking stocks.Shares of SVB…