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Posts published in “Business”

Warning Signals About Silicon Valley Bank Were All Around US

Silicon Valley Bank’s demise has led many pundits to blame rising interest rates, panicked depositors, bank regulators, and rating agencies. Rising rates are inanimate actors, and depositors, regulators, and rating agencies do not run banks. SVB’s VB Chief Executive Officer Greg Becker , his team, and the bank’s Board of Directors are responsible for this

Biggest bank failure since Great Recession sparks ‘exaggerated’ fears of contagion, but big lingering risks remain

Topline The sudden collapse of startup lender Silicon Valley Bank – culminating in the biggest bank failure since the Great Recession – has wreaked havoc on stocks and raised fears of a potentially systemic conundrum, and although experts say fears are grossly exaggerated, they also warn the related effects of Federal Reserve interest rate hikes

Will USDC’s Sudden Collapse Trigger Crypto Market to Crash? Here’s What to Expect from Top Assets

The post Will USDC’s Sudden Collapse Trigger Crypto Market to Crash? Here’s What to Expect from Top Assets appeared first on Coinpedia Fintech News The world of cryptocurrency is known for its volatility, with prices rising and falling on a regular basis. However, the recent collapse of the USDC stablecoin has caused investors to fear

Silicon Valley Bank Receives Overwhelming Support from Venture Capitalists

The post Silicon Valley Bank Receives Overwhelming Support from Venture Capitalists appeared first on Coinpedia Fintech News In a move that signals a vote of confidence in the future of Silicon Valley Bank, venture capital firms have agreed to support the bank and encourage their portfolio companies to resume their banking relationship with SVB if