Relief in the UK over Silicon Valley Bank. Panic in the US Sale of SVB’s British subsidiary to HSBC is a satisfactory fix but Fed emerges with less of a worthy halo
There’s a deeper story to Silicon Valley Bank’s failure. What can we learn from it? Financial deregulation led to the crash in 2008 and it could again in 2023. It’s time to make banking boring again
Tell us: are you affected by the Silicon Valley Bank collapse? We’re interested to hear how affected SVB investors and workers in the tech and start-up sector view the bank failure and what the wider implications might be
Silicon Valley Bank collapse ‘could force central banks to stop interest rate rises’ Analysts say US Federal Reserve will probably reject further increase in borrowing costs next week
HSBC to buy Silicon Valley Bank UK for £1 in rescue deal Takeover arranged by government is likely to save British startups from big losses after US bank’s collapse
Barclays could save £200m by pausing payments to staff pension scheme Former staff voice concern after scheme’s assets plunge in value by £10bn in a year
Silicon Valley Bank: why did it collapse and is this the start of a banking crisis? Until last Friday Silicon Valley Bank was the 16th largest bank in the US, worth more than $200bn
UK racing to secure deal to protect firms from Silicon Valley Bank collapse Rishi Sunak and Jeremy Hunt explore options to help tech and life sciences sectors
US guarantees all deposits after Silicon Valley Bank collapse, as Biden promises action Announcement comes as Signature Bank was closed on Sunday by regulators – the second to fail in a week
Why Silicon Valley Bank was so important to UK tech sector SVB specialised in high-growth startups, solving problems other lenders would not touch
Government to meet tech firms following collapse of Silicon Valley Bank UK Industry leaders expected to call for state intervention to avoid failure of hundreds of UK firms
Silicon Valley Bank fails in largest bank collapse since 2008 crisis US regulators seize SVB’s assets after a run on the bank, as global institutions monitor situation closely
Why did Silicon Valley Bank fail? Shutdown and takeover of bank by regulators can be traced to the Fed raising interest rates and risk-averse investors
FCA urges UK banks to consider cutting mortgage payments for those struggling City regulator estimates 356,000 borrowers may be at risk of missing monthly payments by summer 2024
Crypto bank Silvergate announces liquidation amid sector turmoil Wind-down and liquidation plan follows mass withdrawal of deposits after collapse of FTX exchange