Local Banks Could Leave Gaps That Are Hard to Fill

Silicon Valley Bank left a void that won't easily be filled

It's difficult to overstate the influence that Silicon Valley Bank had over the startup world and the ripple effect its collapse this month had on the global tech sector and banking system.
Mar. 20, 2023 - CNN.com - RSS Channel - HP Hero - Top stories

Filling the hole Silicon Valley Bank left in the climate tech ecosystem

The incentives for banks to get more active in climate tech are now very clear.
Mar. 15, 2023 - Just In News | The Hill - Politics - Climate

Silicon Valley Bank collapse leaves ‘a huge gap’ in the affordable-housing ecosystem

Silicon Valley Bank didn't just support tech startups — it also played a major role in financing affordable housing in California and Massachusetts.
Mar. 15, 2023 - MarketWatch.com - Top Stories - Business

More foreign workers will be let in to fill labour market gaps

Policy shift not mentioned in speech to tackle shortages primarily in construction sector
Mar. 15, 2023 - World - World

Raiders fill quarterback gap with reported signing of Jimmy Garoppolo

Las Vegas in need of quarterback since Derek Carr’s exitDolphins reportedly sign Mike White as back-up QBQuarterback Jimmy Garoppolo has agreed to a three-year, $67.5m contract with the Las Vegas Raiders, according to an Associated Press source. ...
Mar. 13, 2023 - The Guardian - World

Digital asset world has midsize banks 'caught in a squeeze' between local, national banks

Uninsured deposits may be treated as "source of funding" as medium-sized banks search for their "niche" between local and national banks, says former member of the Federal Reserve Board of Governors Daniel Tarullo. Tarullo discusses the causes and ...
Mar. 16, 2023 - NBC News Politics - Politics

Silicon Valley, Signature banks lobbied hard to loosen bank rules

Banks that collapsed over the last week were some of the top supporters of a 2018 bill to loosen regulations aimed at preventing another financial meltdown. Silicon Valley Bank (SVB) and Signature Bank aggressively lobbied for the Economic ...
Mar. 14, 2023 - Just In News | The Hill - Politics

'I am personally sticking with SVB': Prominent tech figures pledge support for bank

After a rollercoaster week for Silicon Valley Bank's customers, some prominent voices in the tech world are now publicly saying they will keep their money with the embattled lender -- and they're urging others to do the same.
Mar. 17, 2023 - CNN.com - RSS Channel - HP Hero - Top stories

Silicon Valley Bank signed exclusive banking deals with some clients, leaving them unable to diversify

Silicon Valley Bank required some clients to agree to exclusivity clauses, disabling them from diversifying where they held their money, SEC records show.
Mar. 13, 2023 - US Top News and Analysis - Business

Why our brains are hard-wired for bank runs like those that toppled SVB, Signature

The bank run that led SVB to fail was a rational flight to safety, behavioral finance experts said. It shows how human psychology can inject financial risk.
Mar. 17, 2023 - US Top News and Analysis - Business

US banks: battered by hard reality of bond maths

Silicon Valley Bank’s sin was holding a portfolio of dull long-dated US municipal or agency bonds
Mar. 13, 2023 - UK homepage - Business

Startups and VCs need another Silicon Valley Bank. Can any other bank fill the void?

Silicon Valley Bank's collapse has left VCs and startups scrambling to find a place that understands their business as deeply as the failed bank did.
Mar. 14, 2023 - MarketWatch.com - Top Stories - Business

First Republic tells CNBC the bank isn't seeing that many depositors leave, JPMorgan funding working

Jim Herbert, First Republic's executive chairman, told Cramer that the bank was not seeing massive outflows of deposits and was operating as usual.
Mar. 13, 2023 - US Top News and Analysis - Business

Silicon Valley Bank: crash leaves start-ups vulnerable to takeovers

Buying distressed start-ups and sweeping up fleeing SVB customers are just some of the potential opportunities
Mar. 12, 2023 - UK homepage - Business

It's the Most Thankless Job in Banking. SVB Didn't Fill It for Months.

Before the money started fleeing Silicon Valley Bank, the company operated without a chief risk officer for much of 2022. When success means averting danger, it’s hard to notice when someone’s not on the job until it’s too late.
5 hours ago - WSJ.com: US Business - Business

Silicon Valley Bank: US banking sector outlook downgraded, but regional bank shares surge – as it happened

Shares in First Republic, Western Allliance, PacWest and Zions are all rallying after Monday’s selloff; US inflation drops to 6%Silicon Valley Bank: parent company, CEO and CFO sued amid market turmoilLarge US banks are being inundated with ...
Mar. 14, 2023 - The Guardian - World

Special Report: Biden addresses banking concerns after Silicon Valley Bank, Signature Bank collapse

President Biden addressed the nation on Monday about the government's response to the failure of Silicon Valley Bank in California and Signature Bank in New York. He said the overall banking system remains sound and taxpayers will not bear the ...
Mar. 13, 2023 - Home - CBSNews.com - Top stories - Joe biden

Cowboys add vet RB Jones to help fill Zeke void

The Cowboys have agreed to a one-year deal with veteran running back Ronald Jones.
Mar. 22, 2023 - www.espn.com - TOP - Sports

Rooms in bloom: the flower-filled château of a French artist

Claire Basler has covered the walls of many of the rooms in her ancient château with exquisite floral muralsThe château of artist Claire Basler, nestled in the languid hills of central France, is filled with flowers inside and surrounded by them ...
Mar. 18, 2023 - The Guardian - World

David Baddiel: ‘Football fills a God-shaped hole’

Ahead of a new book about our need for faith, the ‘militant atheist’ discusses oversharing, identity – and why he’s distancing himself from Richard Dawkins David Baddiel was six years old when his mother told him death was like a long sleep from ...
Mar. 18, 2023 - The Guardian - World

Watch moment stolen car crashes into school bus filled with kids

Video captures the moment a stolen car being chased by police slams into a school bus carrying 17 students. CNN's affiliate WHAM has the story.
Mar. 17, 2023 - CNN.com - RSS Channel - HP Hero - Top stories

Duke's rookie coach, Jon Scheyer, is filling the shoes of his mentor, legendary Coach K

Duke University's rookie coach played for the legendary Coach K and served as an assistant on his staff for nearly a decade. Now, Jon Scheyer takes over for his mentor, as he leads the Blue Devils through March Madness. James Brown reports.
Mar. 17, 2023 - Home - CBSNews.com - Top stories

Date:	Mar. 18, 2023 8:30 AM ET
Link:	More at "The Wall Street Journal"
Source:	WSJ.com: US Business - wsj.com
Category:	Business