RT @faststocknewss: Joseph Gentile, Chief Administrative Officer at SVB Securities. Prior to joining the firm in…
Day: March 11, 2023
📰 Khosla Ventures sent an email to founders saying that the venture capital firm would step in and cover payroll for some of its portfolio companies if they had shortfalls because of funds tied up with Silicon Valley Bank. – BBG
Khosla Ventures sent an email to founders saying that the venture capital firm would step in…
📰 JUST IN – FDIC and Federal Reserve discuss fund to backstop deposits if more banks fail following Silicon Valley Bank’s collapse — Bloomberg
JUST IN – FDIC and Federal Reserve discuss fund to backstop deposits if more banks fail…
📰 Joseph Gentile, Chief Administrative Officer at SVB Securities. Prior to joining the firm in 2007, Mr. Gentile served as the CFO for Lehman Brothers’ Global Investment Bank where he directed the accounting and financial needs within the Fixed Income division. https://t.co/yEUWRlS6yR
Joseph Gentile, Chief Administrative Officer at SVB Securities. Prior to joining the firm in 2007, Mr.…
📰 The Federal Deposit Insurance Corp. and the Federal Reserve are weighing creating a fund that would allow the regulators to backstop more deposits at banks that run into trouble following Silicon Valley Bank’s collapse – BBG
The Federal Deposit Insurance Corp. and the Federal Reserve are weighing creating a fund that would…
📰 The managers of Silicon Valley Bank’s investment banking arm are exploring ways to buy the firm back from its parent, according to people familiar with the matter – Bloomberg
The managers of Silicon Valley Bank’s investment banking arm are exploring ways to buy the firm…
📰 US regulators overseeing the emergency breakup of SVB Financial Group are racing to sell assets and make a portion of clients’ uninsured deposits available as soon as Monday Figures floated behind scenes range from 30% to 50% or more – Bloomberg
US regulators overseeing the emergency breakup of SVB Financial Group are racing to sell assets and…
📰 Silicon Valley Bank on Friday paid out annual bonuses to eligible U.S. employees, Axios reported, citing multiple people it didn’t identify. The bonuses were paid hours before the bank was seized by the U.S. government and were for work completed during 2022.
Silicon Valley Bank on Friday paid out annual bonuses to eligible U.S. employees, Axios reported, citing…
📰 (Bloomberg) –Hedge funds including Oaktree are offering to buy startups’ deposits that they are unable to access at Silicon Valley Bank for as little as 60 cents on the dollar, Semafor reported, citing people familiar with the matter
(Bloomberg) –Hedge funds including Oaktree are offering to buy startups’ deposits that they are unable to…
📰 JUST IN – German health minister Lauterbach falsified his resume to get a professorship, archival documents show. https://t.co/RnwIycLzYS
JUST IN – German health minister Lauterbach falsified his resume to get a professorship, archival documents…