All the updated news related to silicon valley

All the news related to silicon valley updated in real time

Found 75

forsilicon valley

Order by:

City

US bank deal helps lift London stocks after week of troubles

An overnight injection of cash into another US bank seemed to have brought some more optimism to London’s traders on Friday morning as they sent the FTSE 100 back into positive territory for the year. The index gained another 1.1% as markets opened ...

17 Mar 2023 at 09:31

World

Banks working on rescue plan for First Republic, reports say

A group of Wall Street banks is planning a rescue package of at least 20 billion US dollars (£16.5 billion) for First Republic Bank, sources have told The Associated Press. The rescue package comes as San Francisco-based First Republic has been ...

16 Mar 2023 at 19:00

City

Collapse of Silicon Valley Bank UK ‘could have big impact on tech start-ups’

The collapse of Silicon Valley Bank UK (SVBUK) could have a significant impact on tech start-ups, it has been warned. The Coalition for a Digital Economy (Coadec), a non-profit campaigning for policies to support digital start-ups, responded ...

12 Mar 2023 at 01:31

City

Banking stocks steady in aftermath of Silicon Valley Bank collapse

Banking stocks steadied on Tuesday as fears over the knock-on effect of Silicon Valley Bank’s failure began to calm. Global trading started on another downbeat note as shockwaves from Monday’s market rout spread further to the Asian markets ...

14 Mar 2023 at 15:06

City

Credit Suisse saw £55bn pulled from bank in lead-up to collapse

Credit Suisse has revealed it saw 61 billion Swiss francs (£55 billion) leave the bank in the first three months of the year as customers rushed to withdraw cash prior to its collapse. The Swiss financial giant suffered a significant “bank ...

24 Apr 2023 at 08:14

City

HSBC unveils Innovation Banking arm centred on former SVB UK business

Banking giant HSBC has launched a new global division, called Innovation Banking, housing the former UK arm of Silicon Valley Bank as part of a push into technology and life sciences. The FTSE 100 lender unveiled the plans at the start of ...

12 Jun 2023 at 09:14

Hunt pledges to make UK ‘the world’s next Silicon Valley’

Jeremy Hunt has used his autumn statement to set out an ambition to make the UK the “world’s next Silicon Valley”. The Chancellor said he wanted to “combine our technology and science brilliance with our formidable financial services”. ...

17 Nov 2022 at 16:00

City

HSBC reveals £1.2bn boost from SVB UK rescue deal as profits soar

Banking giant HSBC has revealed profits more than tripled in the first three months of the year as it received a 1.5 billion US dollar (£1.2 billion) boost from its rescue takeover of collapsed Silicon Valley Bank’s UK arm. The group ...

02 May 2023 at 08:48

World

Silicon Valley Bank clients will get funds, says US government

The US government has taken emergency steps in an attempt to prevent more instability among banks after the historic failure of Silicon Valley Bank and assured clients of the failed financial institution that they would be able to ...

12 Mar 2023 at 22:58

City

Hunt working ‘at pace’ to help tech firms after Silicon Valley Bank collapse

British technology companies face a “serious risk” from the collapse of Silicon Valley Bank UK, the Chancellor has warned, as he vowed the Government will do “everything we can” to protect them. Jeremy Hunt said he has been in ...

12 Mar 2023 at 18:07

World

Silicon Valley Bank assets seized as depositors pull cash

US regulators rushed to seize the assets of Silicon Valley Bank on Friday after a run on the bank, marking the largest failure of a financial institution since Washington Mutual collapsed at the height of the financial crisis ...

10 Mar 2023 at 22:40

City

FTSE dips as global banking stocks tumble after Silicon Valley Bank collapse

The FTSE 100 slipped on Tuesday morning as banking shares continued their fall amid the continued shockwaves from the collapse of Silicon Valley Bank. London’s top index of blue-chip firms moved 0.4% lower to 7,515 points as ...

14 Mar 2023 at 10:13

Years
2026

Iconic Media is Ireland's largest independently owned regional newspaper and media group, with an unrivalled audience in print, online and mobile. We have 19 regional newspapers and 21 digital sites.

Iconic Digital Titles

Iconic Print Titles

Letterkenny Live

This publication supports the work of the Press Council of Ireland and Office of the Press Ombudsman, and our staff operate within the Code of Practice of the Press Council. You can obtain a copy of the Code, or contact the Council, at www.presscouncil.ie, Lo-call 1800 208 080 or email: info@presscouncil.ie.