The SVB employee bonuses were for work done in 2022 and had been in process days before the company’s collapse, sources said.
Etsy warns sellers of delay in processing payments due to Silicon Valley Bank collapse
One affected Etsy seller told NBC News the deposits delay would have a “catastrophic” effect on his business.
Investors implore the government to step in after Silicon Valley Bank failure
Voices from tech and finance are increasingly calling for the federal government to push another bank to take over the failed Silicon Valley Bank.
Investors implore the government to step in after Silicon Valley Bank failure
Voices from tech and finance are increasingly calling for the federal government to push another bank to take over the failed Silicon Valley Bank.
Two bond ETF strategies that may help investors profit from rate hikes
Uncertainty over how rate hikes will affect bonds is leading investors to trade short-term Treasurys, according to former J.P. Morgan ETF head Joanna Gallegos.
I just traveled to Argentina — and doubled my money with a ‘black market’ exchange rate
Hyperinflation has fueled the creation of multiple exchange rates in Argentina, where cash is king. There’s a legal way for tourists to get a preferential rate.
Inflation isn’t dampening people’s desire to travel — but travel companies may be missing a trick
Inflation and higher living costs may be weighing on consumers’ wallets, but there’s one area many are unwilling to cut back on: their desire to travel.
Companies scramble to meet payroll, pay bills after SVB’s swift failure
Tech companies that banked at SVB are wondering when they’re going to be able to pay employees and their bills after Friday’s collapse.
Here’s how the second-biggest bank collapse in U.S. history happened in just 48 hours
As dust begins to settle on the biggest American bank failure since 2008, members of the VC community lament the role other investors played in SVB’s demise.
Silicon Valley investors and founders express shock, describe struggles to get money out of SVB
The technology industry is struggling to make sense of and account for potential repercussions of Silicon Valley Bank’s sudden collapse.