More than 250 UK tech firm executives sign a letter calling for government intervention and warning of an 'existential threat' to the UK tech sector.
on Friday, March 10, of the US bank SVB Financial Group, which focuses on tech startups, was the biggest in the US since the 2008 financial crisis.
Hunt said efforts are focused on finding a “longer-term solution that minimizes, or even avoids completely, losses to some of our most promising companies.” Bank of London, a clearing bank, is weighing whether an offer is possible, a person with knowledge of the discussions told Reuters. Hunt reiterated comments by the BoE that overall, Silicon Valley Bank had a limited presence in Britain and did not perform functions critical to the financial system.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
After Silicon Valley Bank's shutdown, uninsured depositors face tense waitData submitted by Silicon Valley Bank at the end of 2022 shows that 89% of its $175 billion in deposits were uninsured.
Baca lebih lajut »
Silicon Valley Bank is largest failure since financial crisis, billions strandedCalifornia banking regulators close Silicon Valley Bank and appoint the Federal Deposit Insurance Corporation as receiver for later disposition of its assets.
Baca lebih lajut »
US closes Silicon Valley Bank in biggest collapse since 2008US regulators pulled the plug on Silicon Valley Bank on Friday in a spectacular move that sent global banking shares into turmoil, as markets fretted over possible contagion from America&39;s biggest banking failure since the 2008 financial crisis.
Baca lebih lajut »
Silicon Valley Bank collapses after failing to raise capitalSilicon Valley Bank collapsed Friday morning after a stunning 48 hours in which it set off fears of a meltdown in the banking industry.
Baca lebih lajut »
Silicon Valley Bank slams global shares, US payrolls loomGlobal shares hit a two-month low as investors dumped banks on fears of contagion after a capital raising at Silicon Valley Bank, with U.S. payrolls figures also a focus ahead of the Federal Reserve meeting later this month. | Reuters
Baca lebih lajut »
Silicon Valley Bank is largest failure since 2008 crisis, billions strandedStartup-focused lender SVB Financial Group became the largest bank failure since the financial crisis on Friday, March 10, in a sudden collapse that roiled global markets and stranded billions of dollars belonging to companies and investors.
Baca lebih lajut »