Silicon Valley Bank Archives - Page 2 of 2

GOP 2024 Candidate Ramaswamy: Feds Should Let Silicon Valley Bank ‘Fully Fail’

Republican 2024 presidential candidate Vivek Ramaswamy has called for the federal government to step back and allow the collapsed Silicon Valley Bank (SVB) to "fully fail." Ramaswamy is calling for restraint by the feds in its response to the swift collapse of tech-sector darling SVB over the weekend. His comments…

Israeli Bankers Transferred $1 Billion Out of Silicon Valley Bank Right before Collapse

Bankers in Israel were able to successfully transfer $1 billion in funds from Silicon Valley Bank (SVB) right before it collapsed on Friday, according to reports. The Times of Israel is reporting that the country’s two largest banks, Bank Leumi and Bank Hapoalim, were able to move the money before…

Wall St Expert Warns Credit Suisse Will Be Next Bank to Collapse

A leading Wall Street expert analyst has warned that Credit Suisse will be the next bank to collapse amid the deepening banking crisis. Robert Kiyosaki, the author of "Rich Dad Poor Dad," predicted the collapse of Lehman Brothers in 2008. Today, Kiyosaki warns that Credit Suisse is about to implode…

Lauren Boebert Defiant amid Banking Crisis: ‘No Bank Bailouts’

Republican Rep. Lauren Boebert (R-CO) is defiant amid the mounting banking crisis as Democrat President Joe Biden attempted to reassure Americans on Monday morning. As Slay News reported, New York's Signature Bank imploded on Sunday evening after the Friday collapse of Silicon Valley Bank (SVB). The crisis has caused a…

Biden Gets Desperate, Blames Trump for Bank Failures and Broadening Contagion

Joe Biden has blamed President Donald Trump for the recent bank failures and broadening bloodbath on Wall Street. Trading was halted on many regional banks after they suffered steep stock losses caused by Silicon Valley Bank (SVB) and Signature Bank collapsing. Rather than take any blame or responsibility for the…

First Republic Bank Plunges 66%, Western Alliance Down 62%, Customers Begin Lining Up

The banking crisis deepened on Monday morning as several banks plunged in pre-market trading, causing customers to begin lining up to withdraw their funds. The news comes after the implosion of Silicon Valley Bank (SVB) on Friday, marking the second-largest U.S. bank collapse in history. On Sunday evening, regulators also…

Biden: Silicon Valley Bank Investors Will ‘Lose Their Money’

President Joe Biden has said that investors in the collapsed Silicon Valley Bank will "lose their money" because "that's how capitalism works." In a prepared address, Biden assured the American people that he has confidence that the U.S. banking system is safe. The president outlined his administration’s plan surrounding Silicon…

New York’s Signature Bank Closed Down by Regulators over ‘Systemic Risk’

Regulators have shut down New York's cryptocurrency-focused Signature Bank in an effort to prevent the banking crisis from spreading. The banking regulators cited "systemic risk" in a statement announcing the move on Sunday evening. "We are also announcing a similar systemic risk exception for Signature Bank, New York, New York,…

Elon Musk Interested in Buying Collapsed Silicon Valley Bank

Twitter boss Elon Musk has revealed that he's interested in buying the collapsed Silicon Valley Bank. As Slay News reported, Silicon Valley Bank (SVB) was shut down by California regulators on Friday. All of the bank's assets have been seized and the Federal Deposit Insurance Corporation has been named as…

Biden & Harris Get Loud Wake-Up Call as Silicon Valley Bank Collapses

In a major wake-up call for Democrat President Joe Biden and VP Kamala Harris, a huge bank that was a dominant player in the tech industry has collapsed. The failed Silicon Valley Bank has now been taken over by the Federal Deposit Insurance Corporation (FDIC). This is not just any…