Silicon Valley Bridge Bank, National Association, had approximately $167 billion in total assets and about $119 billion in total deposits as of March 10
bailout
Latest in bailout
acquisitions
UBS to buy Credit Suisse for $3.2bn in a move brokered by Swiss government
Under the terms of the deal, UBS will pay 0.76 of one of its shares for each share of Credit Suisse, with the Swiss Federal Council guaranteeing liquidity for the beleaguered bank
bailout
Silicon Valley Bank UK arm rescued in private sale to HSBC
The move would protect deposits without taxpayer support
bailout
UK seeks to tap Middle East buyer for Silicon Valley Bank
The Bank of England announced late on Friday that it planned to use its bank insolvency procedure to resolve Silicon Valley Bank UK
bailout
US regulators move in to guarantee deposit access for SVB and Signature Bank
President Joe Biden’s statement, followed by the statement by the involved regulators, soothe the frayed nerves of US bank customers
bailout
Video: WeWork said to weigh bailout that hands control to SoftBank
WeWork is considering a bailout that will hand control of the co-working giant to SoftBank Group Corp., according to a person familiar with the matter, one of two main options to rescue the once high-flying startup.
bailout
Video: British travel firm Thomas Cook bankruptcy explained
British travel group Thomas Cook on Monday declared bankruptcy after failing to reach a last-ditch rescue deal, triggering the UK’s biggest repatriation since World War II to bring back stranded passengers.
Abu Dhabi
Middle Eastern bond sales surge as yields hit record lows
Sovereigns and companies from the region have raised around $85 billion of dollar and euro bonds this year
Bahrain debt
Bahrain returns to the bond market for first time since $10bn bailout package
The issuance comes amid a sudden surge in debt sales by frontier and emerging sovereigns after the cost of borrowing declined
Bahrain debt
Bahrain said to tap international bond market a year after $10bn bailout
Source says Gulf kingdom unlikely to raise more than $2bn from the sale of dollar-denominated debt
bailout
UK travel giant Thomas Cook files for bankruptcy after bailout talks fail
178-year-old operator Thomas Cook had been desperately seeking $250m from private investors to save it from collapse
bailout
UAE unveils plan to ease debt woes for Emiratis
The plan targets loans that cost citizens more than 50% of their monthly salary
Asad Umar
Imran Khan says deep reforms on the way as Pakistan nears IMF deal
Pakistan is looking to bridge a financial gap of at least $12 billion with negotiations for its 13th IMF bailout since the late 1980s