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5 mins read

From Wall Street to Silicon Valley, AI specialists are a hot commodity

AI might ultimately take all our jobs. But right now, it's minting plenty of high-paying roles.

Dan DeFrancesco   


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4 mins read

I left Silicon Valley for a dream job in Chicago. I wasn't prepared for how crushing the loneliness could be.

Jaime Muñoz left the Silicon Valley start-up hub for a fintech job in Chicago, hoping to get in ear…

Charissa Cheong   


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1 min read

First Citizens Bank reaches deal to purchase deposits, loans of Silicon Valley Bank

"Customers of Silicon Valley Bridge Bank, National Association, should continue to use their curren…

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2 mins read

Silicon Valley Bank's new CEO urges depositors to bring back their money

Tim Mayopoulos, new CEO of collapsed Silicon Valley Bank (SVB), has urged depositors to return with…

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2 mins read

Foreign investors remain net buyers in Indian stocks sixth straight month

The latest fund inflows started after the recent banking crisis in the US, leading to the Silicon V…

ANI   


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6 mins read

Top places to visit in Pahalgam in 2024

Pahalgam beckons travellers with its mesmerising beauty and serene ambience. Renowned for its lush …

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2 mins read

The IMF warns of bond market risks amid fears of a Silicon Valley Bank repeat

The IMF called for regulators to increase their scrutiny of the financial sector, as higher yields …

Filip De Mott   


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US Fed says it failed to take forceful action on Silicon Valley Bank

The US Federal Reserve said that it failed to act with "sufficient force and urgency" in its oversi…

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1 min read

Indian banks' credit profiles well placed to weather global banking sector stress: Moody's

The credit quality of Indian banks and non-bank financial institutions will remain resilient despit…

ANI   


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1 min read

The Treasury market this week saw its biggest single-day rally since the collapse of Silicon Valley Bank

The 10-year Treasury yield slipped 15 basis-points on Tuesday, the biggest slide since Silicon Vall…

Jennifer Sor   


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Some of the best early-stage startup investors share a common trait that should be a lesson for Silicon Valley

In today's big story, we're looking at the best investors when it comes to early-stage companies.

Dan DeFrancesco   


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2 mins read

UBS completes Credit Suisse acquisition to become a banking behemoth

Swiss bank UBS on Monday said it has completed the acquisition of troubled rival Credit Suisse. …

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Higher interest rates have created 63 'problem banks' and $517 billion in unrealized losses, FDIC says

"This is the ninth straight quarter of unusually high unrealized losses since the Federal Reserve b…

Matthew Fox   


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US bank SVB taken over is largest failure since 2008

US regulators have shut down Silicon Valley Bank (SVB) and taken control of its customer deposits i…

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After US bank failures, agencies directed to analyse deposit insurance mechanism

Following the failures of a few US banks, Federal Deposit Insurance Corporation (FDIC) Chairman Mar…

ANI   


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4 mins read

Why Silicon Valley Bank failed

Wondering what happened at Silicon Valley Bank? SVB's recent actions are partly to blame, but the s…

Matt Turner   


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2 mins read

Silicon Valley is turning on its bank

Silicon Valley Bank suffered big losses on its bond holdings. That's sparked concern among the bank…

Samantha Stokes,Ben Bergman,Darius Rafieyan   


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1 min read

First Citizens buys Silicon Valley Bank

The deal includes the purchase of about $72 billion of Silicon Valley Bridget Bank assets at a disc…

Huileng Tan   


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1 min read

$68 billion withdrawn from Credit Suisse before collapse

Collapsed banking giant Credit Suisse says 61.2 billion Swiss francs ($68.6 billion) left the bank …

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2 mins read

Existing startup founders will struggle even to get existing capital: Sopnendu Mohanty of Singapore Monetary Authority

Silicon Valley Bank's abrupt collapse - which unfolded in a matter of hours earlier last week - has…

PTI