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Marc Andreessen says student loan forgiveness is a 'bailout.' Ben Horowitz thinks college is mostly 'a scam.'
Marc Andreessen and Ben Horowitz spoke at length in a podcast about American higher education and s…
Kali Hays
HSBC acquires UK arm of Silicon Valley Bank for £1
HSBC says that the transaction "completes immediately" and will be funded from existing resources. …
SVB solution ensures taxpayer dollars are not put at risk: President Biden
The US President, Joe Biden, assures the American people and businesses that a resolution of the co…
PTI
Wall Street reacts to Silicon Valley Bank's bailout
The initial reaction to the bailout of Silicon Valley Bank has not been kind to regional banks, whi…
Dan DeFrancesco
War rooms and bailouts: How banks and the Fed are preparing for a US default
Convening war rooms, planning speedy bailouts and raising house-on-fire alarm bells: Those are a fe…
PTI
Argentina plans to repay some yuan borrowings from Chinese currency swap using IMF bailout money
Argentina is expected to pay the equivalent of $1.7 billion to China's central bank as soon as this…
Filip De Mott
Tough times ahead for Pakistan as talks with IMF fails over bailout package
Pakistan is seeking a USD 7 billion bailout package from the IMF to prevent the collapse of the eco…
ANI
Republicans are slamming the bailout of Silicon Valley Bank's customers, saying it's a giveaway to the rich
GOP lawmakers called out the federal bailout as an effort to help wealthy depositors, rather than p…
Ayelet Sheffey,Juliana Kaplan
The Silicon Valley Bank crisis is 'clearly' a bailout, says former FDIC chairman William Isaac
"It's not a bailout of the shareholders. They're getting wiped out. That's great, and they should b…
Cheryl Teh
California Gov. Gavin Newsom failed to publicly disclose his SVB ties while lobbying for a bailout
Reports link Newsom to the failed SVB through personal accounts, three Newsom-owned wineries, and h…
Mattathias Schwartz
Elizabeth Warren criticizes 'overnight' bailout of SVB customers while leaving 'millions of student loan borrowers in limbo'
Warren blamed a Trump-era bank regulation policy for Silicon Valley Bank's fallout and pointed to t…
Ayelet Sheffey
Billionaire investor Bill Ackman says SVB was not a bailout: 'The people who screwed up will bear the consequences'
'Our gov't did the right thing. This was not a bailout in any form' he said, in support of the gove…
Huileng Tan
UBS acquiring Credit Suisse is 'no bailout' says Swiss finance minister but top economist Mohamed El-Erian disagrees
UBS struck a $3.25 billion Swiss government-brokered deal to acquire its troubled peer Credit Suiss…
Huileng Tan
Americans broadly support Biden bailing out Silicon Valley Bank even if Washington can't agree if it was a bailout: poll
For now, polling suggests that there is no broader partisan split on the Biden administration's act…
Brent D. Griffiths
Warren Buffett has weighed in on bank runs, bailouts and the dangers of insuring deposits. Here are 9 quotes that shed light on today's banking crisis.
Buffett has explained how to calm bank panics, warned that government guarantees distort markets, a…
Theron Mohamed
Russian cuts to gas supplies force German utility Uniper to seek government bailout
German-based Uniper already faced a cash crunch before Russia invaded Ukraine and shook energy mark…
Brian Evans
Billionaire investor Bill Ackman calls on the US government to consider a bailout of Silicon Valley Bank if private investors won't step up
SVB Financial Group shares closed 60% lower on Thursday even as CEO Greg Becker tells investors to …
Huileng Tan
FTX files for bankruptcy and Sam Bankman-Fried steps down as CEO after crypto exchange fails to secure bailout
The crypto exchange filed for Chapter 11 bankruptcy and said John J. Ray III has been appointed as …
Phil Rosen
Warren Buffett had at least 3 chances to bail out Lehman Brothers before it collapsed. Here's why he didn't take them.
The billionaire boss of Berkshire Hathaway analyzed the ailing Wall Street bank and spotted a bunch…
Theron Mohamed
A Voyager investor says the FTX meltdown puts the bankrupt crypto lender's bailout in jeopardy, with $1.3 billion of customer assets on the line
FTX US was set to buy Voyager's assets, but now Sam Bankman-Fried's crypto exchange is in turmoil. …