Search For "svb collapse"
US regulatory system 'failed' to prevent SVB collapse: Fed official
Updated : 2 years, 11 months ago IST
"I think that anytime you have a bank failure like this, bank management clearly failed, supervisors failed and our regulatory system failed," the Fed's vice chair for supervision Michael Barr told the House Financial Services Committee.
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Amid SVB-led crisis, India plans to onshore innovations to Gujarat's GIFT
Updated : 2 years, 11 months ago IST
As Silicon Valley Bank-led crisis in the US banking system and contagion effect on some others in a matter of just a week arose, India's International Financial Services Centres Authority (IFSCA) has constituted an expert committee to formulate a roadmap to onshore the Indian innovation to G
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HSBC offers Gift City option to Indian startups looking to transfer funds
Updated : 2 years, 12 months ago IST
On Monday, the UK arm of failed Silicon Valley Bank was bought by HSBC Holdings plc for just 1 pound (USD 1.21)
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Decline in Indian stocks continue on US banking sector crisis contagion
Updated : 3 years ago IST
Stock indices in India continue to decline, pulled down by a sharp dip in almost all sectoral indices, particularly the PSU bank following the collapse of two US banks in a matter of two-to-three days.
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Indian stock indices fall sharply over selloff in banking and financials
Updated : 3 years ago IST
Stock indices in India declined sharply to start the fresh week, pulled down by a sharp dip in banking and financial stocks following the collapse of two US banks in a matter of two-to-three days.
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SVB bankruptcy created 'major crisis' in tech industry, says Israel's PM N
Updated : 3 years ago IST
The SVB collapse has sent ripples across the tech industry in the United States, the United Kingdom and other countries, including Israel, where the tech lender has branches.
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