Tag: Silicon Valley Bank
Biden criticized for Silicon Valley Bank: Is Washington saving the tech millionaires?
Joe Biden The US President tried to calm down bank customers over the weekend. (Photo: Reuters) new York After the rapid rescue of the Silicon Valley Bank, criticism of the…
No money for start-ups – How founders suffer from the SVB bankruptcy
Good morning dear readers, Today’s morning briefing has some economic delicacies in store for you. Are you excited? Let’s get started! There is a mantra that is considered the basis…
This is how the start-up industry is working through the bankruptcy
Berlin, Dusseldorf, Frankfurt, New York, San Francisco The Silicon Valley Bank (SVB) and the start-up scene – for a long time it was a symbiosis. “The SVB was the gold…
New SVB CEO appeals to venture capitalists – banks worldwide lose half a trillion dollars in market value
VC fund Cherry Ventures advises diversification of banking partners The Berlin-based venture capital fund Cherry Ventures, whose portfolio includes startups such as Flink, Amorelie and Flaschenpost, warned founders about the…
New SVB CEO appeals to venture capitalists – banks around the world are losing half a trillion dollars in market value
VC fund Cherry Ventures advises diversification of banking partners The Berlin-based venture capital fund Cherry Ventures, whose portfolio includes startups such as Flink, Amorelie and Flaschenpost, warned founders about the…
Even greater than the parallels are the differences to the financial crisis
Silicon Valley Bank The ongoing banking crisis evokes memories of the great financial crisis. (Photo: Reuters) The ongoing banking crisis is reminiscent of the great financial crisis that peaked in…
New hope for German investors
price gains of the Dax The leading index Dax returned to its sideways range on Tuesday. Does the bankruptcy of the Silicon Valley Bank (SVB) only affect a few other…
Savings banks write off eight billion euros on securities
Frankfurt The German savings banks have to make historically high value adjustments on their own investments due to the rapid rise in interest rates. At the end of last year,…
Short sellers make $513 million in one day
Silicon Valley Bank After the collapse of the Silicon Valley Bank, the US government stepped in and guaranteed customers’ deposits. (Photo: AP) Dusseldorf The exit from Silicon Valley Bank (SVB)…
SVB bankruptcy puts Israel’s tech scene under pressure
Protests against Israeli judicial reform Many start-ups have withdrawn their funds from Israel, but now the failure of the Silicon Valley Bank is hitting them. (Photo: Bloomberg) Tel Aviv Maayan…
Silicon Valley Bank the day after
New York, Austin “The Silicon Valley Bank office is on the second floor. But they’re closed today,” explains the porter at the Park Avenue building in Manhattan, where the collapsed…
Soothing words: politicians want to soothe financial markets
Good morning dear readers, after the collapse of the Silicon Valley Bank, fears of a banking crisis are rampant. The shares of many financial institutions rushed into the basement. In…
The endurance test is still to come
Janet Yellen is a shrewd finance scholar with a wide reputation in both academic and political circles. For four years she headed the Fed, by far the most powerful central…
Silicon Valley Bank the day after
Silicon Valley Bank Many start-ups had their money in the bank. (Photo: Bloomberg) New York, Austin “The Silicon Valley Bank office is on the second floor. But they’re closed today,”…
What founders can learn from the failure of Silicon Valley Bank
Silicon Valley Bank After the collapse of the bank, which is also popular with German start-ups, venture capital experts advise young companies to use more effective risk management. (Photo: Reuters)…
This manager is supposed to save the Silicon Valley Bank
Tim Mayopoulos Before his rise in banks and fintechs, the lawyer made a career in a top law firm. (Photo: Bloomberg/Getty Images) new York The American deposit insurance fund FDIC…
Lindner sees no danger for German banks
Berlin, Brussels The problems seem far away, but the bankruptcy of the Silicon Valley Bank (SVB) also occupied the European finance ministers on Monday. At the Eurogroup meeting in Brussels,…
The markets worry about new bank failures
Traders on the New York Stock Exchange The SVB bankruptcy fuels great uncertainty. (Photo: AP) New York, Zurich After the Silicon Valley Bank (SVB) collapse, Joe Biden personally reassured the…
Bankruptcy of the Silicon Valley Bank causes unrest in Germany
Skyline of the Frankfurt financial district After the bankruptcy of the Silicon Valley Bank, Commerzbank shares temporarily collapsed by 16 percent on Monday. (Photo: Reuters) Frankfurt The level of nervousness…
Is a financial crisis 2.0 looming after the SVB bankruptcy?
Dusseldorf It is the biggest bank failure in the US since the 2008 financial crisis: The Silicon Valley Bank (SVB) was an institution in the American tech sector, but last…