Category Archives:
New SVB CEO urges top venture capital clients to move deposits back
By Krystal Hu (Reuters) - Silicon Valley Bank's new Chief Executive Tim Mayopoulos on Tuesday urged the failed bank's top venture capital clients to move their deposits to its newly created bridge ent...
Mar 14, 2023
U.S. FDA expands authorization of Pfizer bivalent COVID-19 shots in kids
(Reuters) - Pfizer Inc said on Tuesday that the U.S. Food and Drug Administration had expanded the emergency use authorization (EUA) of the company and its partner BioNTech SE's bivalent COVID-19 vacc...
Mar 14, 2023
U.S. Fed to consider tougher rules for midsize banks after SVB, Signature failures -WSJ
(Reuters) - The failures of Silicon Valley Bank and Signature Bank has led the U.S. Federal Reserve to reconsider a number of its own rules related to midsize banks, the Wall Street Journal reported o...
Mar 14, 2023
U.S. monitoring developments at First Republic, other regional banks -White House
WASHINGTON (Reuters) - The White House is carefully monitoring developments at First Republic and other smaller banks after Sunday's actions to protect depositors following the collapse of Silicon Val...
Mar 14, 2023
Ryan Redington arrives in Nome, Alaska to win Iditarod sled dog race
By Dan Whitcomb (Reuters) - Ryan Redington, who hails from a family of hall-of-fame mushers, reached Nome, Alaska, ahead of his rivals on Tuesday to win the grueling Iditarod Trail Sled Dog Race in hi...
Mar 14, 2023
U.S. withdraws Trump-era land deal in Alaska wildlife refuge
By Nichola Groom (Reuters) - The Biden administration said on Tuesday it rescinded a land swap deal struck by former President Donald Trump's interior secretary that would have allowed a new road to c...
Mar 14, 2023
Hunt, hemmed in by debt, set to focus on growth in UK budget
By William Schomberg LONDON (Reuters) - British finance minister Jeremy Hunt will announce on Wednesday how he will try to speed up the world's sixth-biggest economy after the shocks of Brexit, a heav...
Mar 14, 2023
Green groups sue Biden admin over approval of Alaska Willow oil project
By Timothy Gardner WASHINGTON (Reuters) - Six environmental groups filed a lawsuit on Tuesday over the Biden administration's approval of ConocoPhillips' Willow oil and gas project in Alaska, which th...
Mar 14, 2023
KPMG stands by audits of Silicon Valley Bank and Signature Bank – FT
(Reuters) - KPMG's U.S. boss, Paul Knopp, said the accounting firm stood behind its audits of Silicon Valley Bank and Signature Bank, the Financial Times reported on Tuesday. Knopp said KPMG's audit w...
Mar 14, 2023
Goldman Sachs bought SVB’s bond portfolio, lender says
(Reuters) -Troubled lender SVB Financial Group said on Tuesday Goldman Sachs Group Inc had bought its bond portfolio before federal regulators took the bank into receivership. The portfolio, consistin...
Mar 14, 2023
Peoria, IL, USA
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