More than $100 billion was wiped off US banks’ value today in a bloodbath on Wall Street sparked by the collapse of Silicon Valley Bank…
HSBC Pays £1 for Silicon Valley Bank’s UK Unit in Rescue Deal…
HSBC acquired SVB UK for the nominal sum of £1 (equivalent to $1.21 at current exchange rates). The transaction has been completed with immediate effect, and funding will be sourced from HSBC’s existing resources…
Silicon Valley Bank Collapse Hits Companies Such As Camp, Compass Coffee…
California state regulators closed Silicon Valley Bank on Friday…
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…
Biden Forced to Bail Out a Banking System — and His Donors — He Endangered…
Worse, this “Joe to the rescue” schtick is completely disingenuous. Biden’s dismal economic leadership got us here. He dumped trillions into an economy already running hot in 2021. When inflation headed for the stratosphere,..
Co-Author of the 2008 Dodd-Frank Banking Act Sat on the Board of Doomed Signature Bank…
Ultimate insider rigged the investment banking game by nullifying the Glass-Steagall Act replacing it with the Dodd-Frank Act which is directly tied to the Silicon Valley Bank and now Signature Bank’s collapse…
Donald Trump Gets the Last Laugh at Woke Bank That Closed His Account After the 2020 Election…
Trump has gotten the last laugh in his battle against a ‘Woke’ bank that closed his account in the aftermath of the 2020 election. Signature Bank is now finding itself closed…
U.S. Treasury Steps In – All SVB Depositors Will Have Access to Their Money on Monday…
The U.S. Treasury, Federal Reserve Board, FDIC and Joe Biden collectively announce that *all* depositors with Silicon Valley Bank (SVB) will have access to their funds – regardless of amount deposited. Also, all senior bank management has been terminated…
Banks Developing Technology to Track Gun Purchases Under Guise of Flagging Potential Mass Shooters…
Banks, no matter how large, have zip, zero, zilch business tracking gun and gun-related purchases…
Government Officials Invest in Companies Their Agencies Oversee…
Hidden records show thousands of senior executive branch employees owned stocks in companies whose fates were directly affected by their employers’ actions, a Wall Street Journal investigation found…
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