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  • 'Be mindful of your risk': Money manager tackles Silicon Valley Bank fallout on ETFs

    2 days ago - By CNBC

    There's speculation bank stress could expose problems lurking in ETFs tied to specific sectors.
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  • I rushed from bank to bank with my infant daughter when SVB collapsed to figure out how my startup could make payroll on time

    2 days ago - By Business Insider

    Lindsey Hoell, CEO of Dispatch Goods. Courtesy of Lindsey Hoell.
    Silicon Valley Bank's collapse sent Dispatch Goods cofounder Lindsey Hoell on a race to find alternatives.
    Her team and investors navigated the logistical chaos of making sure the company made payroll.
    Federal regulators eventually stepped in to protect all SVB depositors.
    This as-told-to essay is based on conversations with Lindsey Hoell, who cofounded Dispatch Goods with Maia Tekle , and scrambled with her team to get employees paid on time this week. Dispatch Goods, a Silicon Valley Bank customer, provides reusable...
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  • Two Big Ideas for Preventing Another Banking Crisis

    2 days ago - By NY Times

    How should bank regulation change in the wake of Silicon Valley Bank's collapse?
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  • Here's what it was like at the New York Stock Exchange the day Silicon Valley Bank collapsed, according to Wall Street's most famous trader

    2 days ago - By Business Insider

    Trader Peter Tuchman has been at the New York Stock Exchange for almost 38 years. AP Photo/Richard Drew
    Peter Tuchman has been at the New York Stock Exchange for almost 38 years and is the most-photographed trader on Wall Street.
    Stocks plunged last week on concerns of contagion from the collapse of Silicon Valley Bank.
    "We've never seen the volatility that we're seeing here. The intraday madness," Tuchman said.
    On the morning of the largest bank failure since 2008, Peter Tuchman had four shots of espresso, two glasses of orange juice, and geared up for his day. Immediately, stocks were...
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  • Thank Silicon Valley Bank For These Cheap 8.1%-Paying Funds

    2 days ago - By Forbes

    The Silicon Valley Bank mess has demonstrated exactly why we need to invest in closed-end funds ...
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  • Congress Failed Banks

    2 days ago - By Chron

    FILE - Security guards let individuals enter the Silicon Valley Bank's headquarters in Santa Clara, Calif., March 13, 2023. Lawmakers are up in arms over the collapse of Silicon Valley Bank and Signature Bank, and they're questioning what went wrong. But while President Joe Biden has urged Congress to strengthen the rules for banks to prevent more failures, lawmakers are divided on legislation.
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  • Congress Failed Banks

    2 days ago - By Chron

    FILE - A sign is displayed at a branch of Signature Bank in New York, Monday, March 13, 2023. Lawmakers are up in arms over the collapse of Silicon Valley Bank and Signature Bank, and they're questioning what went wrong. But while President Joe Biden has urged Congress to strengthen the rules for banks to prevent more failures, lawmakers are divided on legislation.
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  • Congress Failed Banks

    2 days ago - By Chron

    FILE - The Capitol is seen through a window in the Russell Senate Office Building as policymakers wrestle with fallout from the failure of Silicon Valley Bank, in Washington, March 15, 2023. While President Joe Biden called Monday on Congress to strengthen the rules for banks to prevent future failures, lawmakers are divided on whether any legislation is needed.
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  • Bank failures: Anger in Congress, but division on what to do

    2 days ago - By Chron

    Congress is trying to figure out how best to respond to the abrupt failure of two U.S. banks. Lawmakers are up in arms over the collapse of Silicon Valley Bank and Signature Bank, and they're questioning what went wrong. But while President Joe Biden has urged Congress to strengthen the rules for banks to prevent more failures, lawmakers are divided on legislation. Republicans say the laws already in place were sufficient to prevent the bank failures, if only regulators had done their job. Democrats say a law signed by President Donald Trump in 2018 is a major contributor to what happened...
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  • Everything you need to know to catch up on Silicon Valley Bank, Credit Suisse, and the trouble rattling the financial world

    2 days ago - By Business Insider

    Happy Saturday readers. I'm Phil Rosen. "Happy" is used loosely here, as the past week has been defined by chaos and uncertainty across the banking system. Silicon Valley Bank and Credit Suisse have stolen most of the headlines, but between others like First Republic Bank , Signature Bank, and Silvergate Bank , there's plenty to digest. Today, I've rounded up everything that you need to know to get caught up on the worst banking crisis since 2008. If this was forwarded to you, sign up here. Download Insider's app here. People walk by the New York headquarters of Credit Suisse on March 15...
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