SVB
- Global News
SVB Financial Group Nears Deal to Sell SVB Capital Amidst Competitive Bidding
SVB Financial Group, formerly the parent company of Silicon Valley Bank, is edging closer to a potential deal involving the…
Read More » - Global News
US Regulators Announce JPMorgan Chase Acquisition of First Republic Bank After Failure
U.S. regulators have announced today that First Republic Bank has been taken over and will be sold to JPMorgan Chase…
Read More » - Companies
Crypto Firm DCG Reports Genesis Capital Creditors Backing Out of Restructuring Agreement
Digital Currency Group (DCG) has announced that certain creditors of its bankrupt subsidiary, Genesis Capital, have chosen to abandon the…
Read More » - Global News
Hong Kong Virtual Bank Takes Lead in Embracing Crypto, Offering Conversions and Accounts to Establish Global Hub Status
ZA Bank, the largest virtual bank in Hong Kong in terms of assets, is planning to introduce crypto account services…
Read More » - Global News
FDIC to Return $4 Billion in Crypto Deposits Connected to Signature Bank by Early April, Says Chair
During a recent hearing of the U.S. House Financial Services Committee, Martin Gruenberg, the head of the Federal Deposit Insurance…
Read More » - Global News
First Citizens Bank Acquires Silicon Valley Bank Deposits and Loans
The Federal Deposit and Insurance Corporation has announced that First Citizens Bank, located in North Carolina, will acquire all of…
Read More » - Crypto Exchanges
Cryptocurrency Exchange Kraken Forced to Halt ACH Deposits and Withdrawals via Silvergate
Cryptocurrency exchange Kraken has announced that it is experiencing issues with the deposit and withdrawal channel related to the automated…
Read More » - Opinions
The Ripple Effect: Analyzing the Impact of Crypto-Friendly Bank Failures on the Cryptocurrency Industry
Being “the bank in crypto”, Silvergate once counted some of the giant crypto firms as its clients. As a matter of…
Read More » - Global News
US Regulators Seek Bids for Failed Banks, Crypto Separation Required for Signature Bank Acquisition
The U.S. Federal Deposit Insurance Corp (FDIC) has requested that interested banks submit bids by March 17 for Silicon Valley…
Read More » - Global News
Circle Secures Access to $3.3B USDC Reserves Stuck at Silicon Valley Bank
According to Jeremy Allaire, CEO and co-founder of Circle, the stablecoin issuer has successfully retrieved its $3.3 billion in funds…
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