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Silicon Valley Bank parent files for bankruptcy
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The parent company of Silicon Valley Bank filed for bankruptcy, easing a sale of its remaining assets after the technology-focused bank at the core of its business was seized by federal regulators.SVB Financial Group filed for chapter 11 protection on 17 March in New York bankruptcy court, the largest bankruptcy filing stemming from a bank failure since Washington Mutual in 2008.Silicon...
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Millions paid in bonuses to UK Silicon Valley Bank staff days after £1 rescue theguardian.com /2 days ago
Biden Asks Congress for More Authority to Punish Bank Executives wsj.com /2 days ago
Congress announces March 29 hearing into failures of SVB and Signature Bank cointelegraph.com /3 days ago
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