U.S. tech giant Intel announced on Friday its plans to invest up to $4.6 billion in a …
Silicon Valley Bank
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BanksFeatureFinancial InstitutionsInternational NewsMoneyNews
JPMorgan Chase acquires First Republic Bank
by Norhan Adelby Norhan AdelJPMorgan Chase Bank has announced its acquisition over First Republic Bank from the Federal Deposit Insurance Corporation …
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The U.S. real estate sector has been under pressure by the Federal Reserve continuous interest rate increase, …
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BanksInternational NewsThe Watch
U.S. banks borrow from Fed’s lending programme
by Sama Mousaby Sama MousaU.S. banks are rushing to borrow from the lending programme of the Federal Reserve this week, as …
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BanksFeatureFinancial InstitutionsNews
First Citizens mulls to acquire Silicon Valley Bank
by Nada Aliby Nada AliFirst Citizens BancShares Inc (FCNCA.O) is evaluating an offer for Silicon Valley Bank (SIVB.O), according Bloomberg News …
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BanksFinancial InstitutionsInternational NewsMoneyNewsTech newsTech/AI
Silicon Valley Bank’s collapse disrupts tech sector
by Norhan Adelby Norhan AdelTech sector suffered deep disruption caused by the demise of Silicon Valley Bank (SVB), the sector’s most …
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BanksInternational NewsMoneyNews
JPMorgan, other U.S. banks flooded with clients post SVB crash
by Sama Mousaby Sama MousaA huge number of customers have applied to shift accounts to large U.S. banks such as JPMorgan …
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Oil prices continues its decline, falling $1 on Tuesday, as the latest Silicon Valley Bank crisis caused …
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BanksInternational NewsMoneyNews
Signature Bank second casualty after SVB
by Sama Mousaby Sama MousaState regulators closed Signature Bank on Sunday, New York-based bank, in the third largest failure in US …
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BanksFeatureInternational NewsMoneyNewsTech/AI
HSBC pays £1 to rescue UK Silicon Valley Bank
by Nada Aliby Nada AliHSBC UK Bank, announced on Monday that it has agreed to acquire Silicon Valley Bank U.K. (SVB) …