Silicon Valley Bank
- Business
Apple’s new savings account sees $1 billion in deposits within one week of launch
Apple’s newly launched high-yield savings account has reportedly attracted around $1 billion in deposits within its first week. The Apple…
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First Citizens to buy large chunk of failed Silicon Valley Bank
The deal will see First Citizens Bank purchase around $72 billion of Silicon Valley Bank assets at a discount of…
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Global markets begin week with concerns over US banking sector
Biggest bank failure since 2008 financial crisis raises volatility in asset prices after collapse of 2 lenders Global markets started…
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SVB collapse rattles USDC and other cryptocurrencies
Cryptocurrency USDC fallsto its lowest level ever, dropping to 87 cents before recovering to around 94 cents following the failure…
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Bitcoin, cryptocurrencies try to recover from SVB’s demise
Investors’ fear, uncertainty cause crypto market to record loss of some $90B Bitcoin and cryptocurrencies on Friday were trying to…
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