TCS Shares Dip Nearly 2 % After March Quarter Earnings Announcement
Events like the fall of SVB and fears of a contagion have impacted client sentiments in North America and the banking, financial services and insurance sector in particular, leading to clients deferring spends, the Tata Group company said.
Apr 13, 2023, 13:38 PM IST
Silicon Valley Bank Crisis: Will Collapse Of The US Bank Impact Indian Start-Ups And Banking System?
Indian start-ups having good business ideas will get funding despite the liquidity crunch in the market, said Aditya Shah, founder and Chief Investment Officer, JST Investment.
Mar 14, 2023, 11:07 AM IST
FDIC Nominated Fannie Mae's Former CEO, Tim Mayopoulos, To Lead Silicon Valley Bank
Before joining fintech Blend, Mayopoulos spent more than six years as the CEO of mortgage financier Fannie Mae.
Mar 13, 2023, 17:57 PM IST
MoS IT Chandrasekhar To Meet Start-Ups To Assess SVB Collapse Impact
Industry watchers expect a quick takeover of the bank as it has enough assets that can be liquidated to return money to the clients.
Mar 12, 2023, 20:45 PM IST
The Silicon Valley Bank Crisis: MoS Minister Rajeev Chandrasekhar To Meet With Head Of Indian Startups
The SVB crisis is the largest bank failure in the US history since the financial crisis of 2008, whose ripple effects have been felt across the world.
Mar 12, 2023, 10:53 AM IST
Silicon Valley Bank Fiasco Becomes Largest Failure Since 2008; Here Are 5 Financial Crisis In Past That Shook The World
The Silicon Valley Bank (SVB) crisis has hit the US and global market badly with billions of dollars have been stranded across the world. The SVB had been shutdown by US authority after the technology-startups bank's stocks plunged drastically after facing liquidity crunch. Earlier, financial crisis grabbled the world's economies, causing wipe out of billions of dollars. Here are some prominent financial crisis of the past.
Mar 11, 2023, 12:38 PM IST
Silicon Valley Bank Becomes Largest Failure Since 2008 Financial Crisis
Companies such as video game maker Roblox Corp and streaming device maker Roku Inc said they had hundreds of millions of dollars in deposits at the bank. Roku said its deposits with SVB were largely uninsured, sending its shares down 10% in extended trading.
Mar 11, 2023, 09:21 AM IST
Who Is Greg Becker, The CEO Of Failed Silicon Valley Bank (SVB)?
Becker, who served on the board of directors at the Federal Reserve Bank of San Francisco, departed the board effective Friday, a spokesperson for the regional Fed bank said. In January, Becker said the economic outlook was improving after a downbeat 2022.
Mar 11, 2023, 08:14 AM IST
Explainer: The Silicon Valley Bank (SVB) Crisis Hit US Badly; What Are Causes Of Disaster?
The Silicon Valley Bank (SVB) was known to be a major source of funding for technology startups when other options like Initial Public Offering (IPO) aren't available amid liquidity crunch.
Mar 11, 2023, 08:01 AM IST
