Signature Bank Faced Criminal Probe Ahead of Firm’s Collapse – Bloomberg
US prosecutors were investigating
Signature Bank’s work with crypto clients before regulators suddenly seized the lender this past weekend, according to people familiar with...
BofA Gets More Than $15 Billion in Deposits After SVB Failure – Bloomberg
Bank of America Corp. mopped up more than $15 billion in new deposits in a matter of days, emerging as one of the big...
Meta to Lay Off 10000 More Employees Mark Zuckerberg Says – Variety
Meta, parent company of Facebook and Instagram, is pink-slipping another 10,000 employees, coming on the heels of laying off 11,000 last fall.
Mark Zuckerberg, Meta’s...
Global Financial Stocks Lose $465 Billion on SVB Collapse Contagion Fears – Bloomberg
A selloff in global financial stocks paused Tuesday after a two-day, $465 billion wipeout.
A gauge of European bank shares fluctuated between gains and losses...
Apollo Eyes SVB Assets as Suitors Circle $73.6 Billion Loan Book – Bloomberg
Apollo Global Management Inc. expressed interest in snapping up a book of loans held by
Silicon Valley Bank, the California lender seized by federal...
