Tech companies that banked at SVB are wondering when they’re going to be able to pay employees and their bills after Friday’s collapse.
Schlagwort-Archiv: CNBC
Here’s how the second-biggest bank collapse in U.S. history happened in just 48 hours
As dust begins to settle on the biggest American bank failure since 2008, members of the VC community lament the role other investors played in SVB’s demise.
Silicon Valley investors and founders express shock over SVB’s collapse, describe struggles to get money out
As Silicon Valley Bank was taken over by the FDIC on Friday, investors and start-ups with money there struggled to make sense of the situation.
Wage growth is cooling — but workers still have bargaining power, economists say
The Federal Reserve is trying to rein in historically high wage growth to tame inflation. Overall, the job market remains hot for workers, economists said.
Stocks making the biggest moves midday: Signature Bank, First Republic, Oracle and more
Regional banks led Friday’s losses amid the Silicon Valley Bank shutdown.
Women aren’t investing at the same rate as men. Here’s why it matters—and how the gap can be closed
The reasons for the gender investing gap are nuanced — but if closed, it could mean an additional $3.22 trillion in the market.
Stocks making the biggest moves premarket: SVB Financial, Allbirds, DocuSign and more
Shares of the company known as Silicon Valley Bank extended their big slide from Thursday.
Silicon Valley Bank drops another 60% and is halted, as pressure mounts on banking sector
Shares of SVB Financial Group, known as Silicon Valley Bank, tumbled for a second day Friday and weighed on the whole banking sector again.
European banking stocks sink as Silicon Valley Bank jitters spread
European banking stocks sold off sharply Friday as jitters surrounding U.S. bank SVB Financial — which plunged 60% Thursday — spread around the world.
Consumer spending in China isn’t surging back yet, companies say
China has yet to see a strong rebound in consumer spending, according to major companies.