Thursday was a bad day for the banking industry. The benchmark KBW Bank index fell as…
Tag: Silicon Valley Bank
Wall Street stocks are plunging after one bank turns and another falters
The sudden closure of Silvergate Capital Corp and the hasty fundraising of SVB Financial Group sent…
Bond losses prompt Silicon Valley Bank’s parent to raise capital
SVB Financial Group said it had sold the bulk of its securities portfolio and would raise…
Dark clouds of a rich winter, and a silver lining
When the pandemic started, startups were in a worst-case scenario. He believed the market would shrink…
Medical-device IPOs, acquisitions boom in 2021
Industry data shows venture capitalists cashed in on investments in medical-device startups in 2021 and took…