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“The government has about 48 hours to fix a-soon-to-be-irreversible mistake”: Bill Ackman warns some businesses may not be able to meet payroll after SVB’s failure

[ad_1] “The government has about 48 hours to fix a-soon-to-be-irreversible mistake. By allowingSVB Financial to fail without protecting all depositors,…

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Stock Market

Silicon Valley Bank staff offered 45 days of work at 1.5 times salary by FDIC

[ad_1] Staff of Silicon Valley Bank were offered 45 days of employment at 1.5 times their salary by the Federal…

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Stock Market

Silicon Valley Bank failed for one simple reason: its key startup clients lost faith.

[ad_1] Silicon Valley Bank SIVB, -60.41%, a 40-year-old bank at the heart of the valley’s ecosystem, was forced to shutter…

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Stock Market

Where Were the Regulators as SVB Crashed?

[ad_1] Silicon Valley Bank’s failure boils down to a simple misstep: It grew too fast using borrowed short-term money from…

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Business

A major bank failed. Here’s why it’s not 2008 again

[ad_1] NEW YORK — The financial institution best known for its relationships with high-flying world technology startups and venture capital,…

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Stock Market

What happened to Silvergate Capital? And why does it matter?

[ad_1] Silvergate Capital SI, -11.27% served as one of the main banks for the crypto industry, prior to its collapse…

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Business

One of Silicon Valley’s top banks fails; assets are seized

[ad_1] NEW YORK — Regulators rushed Friday to seize the assets of one of Silicon Valley’s top banks, marking the…

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Stock Market

5 Companies That Raised Their Dividends This Week

[ad_1] American Express Oracle and Johnson Controls were among the large U.S. companies that declared dividend increases this week. It…

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Stock Market

SoFi CEO Noto makes ‘opportunistic’ million-dollar stock purchase as SVB crisis fuels selloff

[ad_1] As SoFi Technologies Inc. shares fell Friday amid the fallout over Silicon Valley Bank’s collapse, the financial-technology company’s chief…

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Stock Market

Silicon Valley Bank’s Failure May Lead to Smaller Fed Rate Hike

[ad_1] The second-largest bank failure in U.S. history might help the Federal Reserve do its job of tightening credit and…

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