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Welcome To IANS Live - SCIENCE-AND-TECHNOLOGY - US Treasury Secretary Yellen rules out bailout for Silicon Valley Bank

Welcome To IANS Live - SCIENCE-AND-TECHNOLOGY - US Treasury Secretary Yellen rules out bailout for Silicon Valley Bank
ianslive.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ianslive.in Daily Mail and Mail on Sunday newspapers.

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Silicon Valley Bank's Remaining Assets Auctioned

The FDIC hopes to finish the auction before Monday's markets open, making some of SVB customers' uninsured deposits available. Tech startups are scrambling for liquidity, while SVB's British subsidiary has potential buyers. ....

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BBCNEWS BBC News June 4, 2024 21:21:00

I m joined now by sean hundtoft, ceo of solve finance, from new york. thank you forjoining us on bbc news. i wonder if we could start by saying, what did silicon valley bank do for you? saying, what did silicon valley bank do for ou? ., saying, what did silicon valley bank do for ou? . ., ., do for you? thanks for having me. they were do for you? thanks for having me. they were our do for you? thanks for having me. they were our bank. do for you? thanks for having me. they were our bank. i do for you? thanks for having me. they were our bank. i am - do for you? thanks for having me. they were our bank. i am the i do for you? thanks for having me. i they were our bank. i am the founder and ceo of a start up here, they were who we banked with. whether it was charge cards around ripart deposits. was charge cards around ripart deosits. ~ ., ., , ., deposits. without them would you have been able deposits. without them would you have been able to deposits. without them would you ....

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BBCNEWS BBC News June 4, 2024 16:18:00

Tend to hold lots of government debt, bottoms on their balance sheets and because of rising interest rates, the rising cost of borrowing, the value of the bonds has gone down significantly. bonds on the balanced sheets. big paper losses in theory until there is a reversal. the problem for sdb, it simply ran out of money. they didn t have enough money in the accounts, forced into a fire sale of these bonds at cheap prices. it tried to raise money from a share sale and depositors got spooked and wanted their money back and if that happens at the same time, it isn t enough to go round. the us regularly stepped in and effectively shut down the bank yesterday. the stepped in and effectively shut down the bank yesterday. the bank yesterday. the question is what impact the bank yesterday. the question is what impact will the bank yesterday. the question is what impact will it the bank yesterday. the question is what impact will it have, the bank yesterday. the question is what imp ....

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BBCNEWS BBC News June 4, 2024 10:01:00

I think that is a very dangerous place to i think that is a very dangerous place to be in. us i think that is a very dangerous place to be im i think that is a very dangerous place to be in. us regulators have shut down silicon place to be in. us regulators have shut down silicon valley - place to be in. us regulators have shut down silicon valley bank, . place to be in. us regulators have| shut down silicon valley bank, the biggest banking failure since the 2008 financial crisis. officials in hamburg say the gunmen who shed dead seven people atjehovah s witness meeting her was a former member of the religious group who left on bad terms. we will catch up with lesley paterson the triathlete nominated for numerous awards at this weekend s oscars for her screenplay of a german first world war epic. so i went up to tom cruise and i said, hi, tom. my name is lesley paterson, writer of all quiet on the western front. he said, i know your story, he said, how many hours a day do you ....

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