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   Is Silicon Valley Bank back?

   • A year after Silicon Valley Bank imploded in the third-largest bank failure in U.S. history, the start-up- and tech-focused bank wants you to know that it’s back. It’s under new management, and now owned by North Carolina-based First Citizens Bank, which bought its deposits and branches out of bankruptcy weeks after SVB crumbled in March 2023.

   Silicon Valley Bank is back, after collapse and acquisition - The

   www.washingtonpost.com/technology/2024/03/14/silicon-valley-bank-collapse-acquisition-svb/

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   What happened to Silicon Valley Bank?

   • Regulators have seized the assets of one of Silicon Valley’s top banks, marking the largest failure of a U.S. financial institution since the height of the financial crisis almost 15 years ago. Silicon Valley Bank was the nation’s 16th-largest bank.

   Silicon Valley Bank Shutdown: What to Know – NBC Bay Area

   www.nbcbayarea.com/news/local/svb-financial-silicon-valley-bank-shutdown/3176704/

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   What happened to Silicon Valley Bank & Signature Bank?

   • The arrangement was without precedent in decades, and an indication of how dire the banking sector’s predicament had become within a week. With its echoes of the 2008 financial crisis, the collapses of Silicon Valley Bank on Friday and Signature Bank on Sunday sparked a panic that appears unlikely to subside immediately.

   A timeline of Silicon Valley Bank’s collapse and its aftermath

   www.nytimes.com/live/2023/03/16/business/banking-crisis-stocks-market-news/a-timeline-of-silicon-valley-banks-collapse-and-its-aftermath

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   Is Silicon Valley Bank a good bank for startups?

   • Over the course of decades, Silicon Valley Bank had built a reputation as being the go-to bank for startups, with its aggressive lending approach and understanding of the sector. To many tech startups that may have had trouble securing much-needed capital from more traditional banks, SVB offered itself as a haven.

   STILL STANDING

   www.bizjournals.com/sanjose/news/2024/03/05/svb-collapse-a-year-later-startups-rooting-for-it.html

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2. www.washingtonpost.com › technology › 2024/03/14Silicon Valley Bank is back, after collapse and acquisition ...

   www.washingtonpost.com › technology › 2024/03/14

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   A year after Silicon Valley Bank imploded in the third-largest bank failure in U.S. history, the start-up- and tech-focused bank wants you to know that it’s back. It’s under new management, and now...

3. www.nytimes.com › 2023/03/27 › businessMarkets Climb as Silicon Valley Bank Finally Finds a Buyer

   www.nytimes.com › 2023/03/27 › business

   Mar 27, 2023 · First Citizens agreed on Sunday night to buy most of Silicon Valley Bank at a discount, clearing the way for the U.S. banking industry to potentially move on from the turmoil set off by the...

   • Author: Andrew Ross Sorkin

4. Videos

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     2:54

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     The Silicon Valley Bank Collapse, Explained | WSJ

     Mar 13, 2023

     592.4K Views

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     2:07

     nbcnews.com

     Silicon Valley Bank shutdown: How it happened and what comes next

     Mar 10, 2023

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     2:19

     reuters.com

     Explainer: What caused Silicon Valley Bank's failure?

     Mar 10, 2023

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5. www.nbcbayarea.com › news › localSilicon Valley Bank Shutdown: What to Know – NBC Bay Area

   www.nbcbayarea.com › news › local

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   Mar 10, 2023 · Regulators rushed Friday to seize the assets of one of Silicon Valley's top banks, marking the largest failure of a U.S. financial institution since the height of the financial crisis...

6. www.nytimes.com › live › 2023/03/16A timeline of Silicon Valley Bank’s collapse and its ...

   www.nytimes.com › live › 2023/03/16

   Mar 16, 2023 · Since the failure of Silicon Valley Bank, First Republic has lost more than 70 percent of its market value, despite efforts over the weekend to shore up its finances with $70 billion in...

7. www.bizjournals.com › sanjose › newsOne year after 2023 banking collapse, Silicon Valley Bank is ...

   www.bizjournals.com › sanjose › news

   Mar 5, 2024 · One year after the collapse of Silicon Valley Bank, the company is going back to the startup sector to try and recapture that business. Many startup leaders are rooting for the bank to...

   • Email: twarren@bizjournals.com
   • Works For: Boston Business Journal

   • Occupation: Reporter

8. www.nprillinois.org › 2023/03/14 › what-to-knowWhat to know about the Silicon Valley Bank collapse, takeover ...

   www.nprillinois.org › 2023/03/14 › what-to-know

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   Mar 14, 2023 · Silicon Valley Bank, which catered to many of the world's most powerful tech investors, collapsed on Friday and was taken over by federal regulators, becoming the largest U.S. bank to fail since the 2008 global financial crisis.

9. edition.cnn.com › business › live-newsWhat the FDIC takeovers of Silicon Valley Bank and Signature ...

   edition.cnn.com › business › live-news

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   Mar 14, 2023 · Yes. US government intervened over the weekend and assured that depositors of the banks will have access to all of their money starting Monday, March 13 and that losses related to SVB's collapse...