Markets

SVB Financial Group files for bankruptcy SVB Financial Group, the former owner of the now-defunct Silicon Valley Bank, which was taken over by the US ……Read More

US threatens TikTok ban The Wall Street Journal has reported that the US government is threatening to ban the popular app TikTok if its Chinese ……Read More

  Credit Suisse drops over 20% On Wednesday, European banks experienced another round of heavy losses in their shares. Credit Suisse, in particular, hit record ……Read More

  Former Treasury Secretary Lawrence Summers speaks about Silicon Valley Bank The collapse of Silicon Valley Bank (SVB) could have severe consequences for the innovation ……Read More

FDIC takes over Silicon Valley Bank The Federal Deposit Insurance Corporation (FDIC) is an independent agency created by Congress to maintain stability and public confidence ……Read More

American Silicon Valley Bank under pressure on Wall Street The financial turmoil at American Silicon Valley Bank (SVB) is causing unrest in the financial markets, ……Read More