The FDIC has accidentally released a list of companies it bailed out for billions in the Silicon Valley Bank collapse

Sequoia Capital, Kanzhun and Altos Labs are among the companies which held accounts with SVB that were bailed out by the FDIC.

Fortune
Build Public Banks as Response to SVB & Signature Bank Failures

Regulation is needed - but even better is an alternative to better support local businesses and communities

Left Future

#Warren and #Porter have a new bill that would reverse the mistakes that Congress and President Trump made 5 years ago when they rolled back financial regulations that are meant to keep our financial system safe. #Congress needs to pass it.

Warren, Porter Take First Step to Repeal Trump-Era Law Blamed for #SVBCrash
https://www.businessinsider.com/silicon-valley-bank-porter-warren-repeal-trump-era-dodd-frank-2023-3

Warren, Porter take first step to repeal Trump-era law blamed for SVB collapse

Warren and Porter were among Democrats blaming the SVB collapse on a 2018 law that rolled back banking regulations. They have a bill to repeal it.

Insider
This week is an unsettled for those involved in #globestrategy . #CreditSuisse #FederalReserve Interest rate hikes?, BoE rate hikes? Higher mortgage pressures on housing markets, #SriLanka #IMF bailouts, fallouts from #SVBCrash on both sides of the pond, #UkraineRussianWar 1/

Credit Suisse's scale and potential impact on the global economy is greater than U.S. regional banks, and its balance sheet is larger than #LehmanBrothers'. It is also globally interconnected, making an orderly management of its situation even more important.

#UBS buys #CreditSuisse for $3.2 billion as regulators look to shore up the #GlobalBanking system | #SVBCrash
https://www.nbcnews.com/business/ubs-reportedly-offers-buy-credit-suisse-1-billion-rcna75653

UBS buys Credit Suisse for $3.2 billion as regulators look to shore up the global banking system

UBS agreed to buy its embattled rival Credit Suisse for 3 billion Swiss francs ($3.2 billion) Sunday, with Swiss regulators playing a key part in the deal as governments looked to stem a contagion threatening the global banking system.

NBC News

SVB pledged to provide at least $5 billion in financing by 2027 to support sustainability efforts in industries such as #GreenBuildings, #RenewableEnergy, and #WaterTechnology. However, the bank's collapse could lead to more difficult borrowing terms, particularly for companies looking to spend big as they scale.

#SVB's #ClimateTech clients face humbling funding questions | #SVBCrash
https://www.rappler.com/business/silicon-valley-bank-climate-tech-clients-face-humbling-funding-questions/

SVB's climate tech clients face humbling funding questions

The big question now is whether climate technology startups will still be able to secure attractive terms from banks, or if less startup-friendly lenders prove tougher partners

RAPPLER

Die Hintergründe, welche zum Crash der Silicon Valley Bank geführt haben – und warum Finanzinstitute überhaupt in diese prekäre Situation geraten können, hat Johnny Harris in diesem brillanten Video veranschaulicht. #SVBCrash #SVB #JohnnyHarris

https://youtu.be/E_VKZ6dzauo

Your Bank Account is a Lie

YouTube
Talk about a 180 #dailyshow #kalpenn #svb #svbcollapse

YouTube

"When #SVB collapsed, entrepreneurs who feared losing everything spent nerve-wracking days crafting backup plans, seeking new funds, and pleading with politicians."

The Weekend #SiliconValley Stared Into the Abyss | #SVBCrash #Tech #Finance | WIRED
https://www.wired.com/story/silicon-valley-bank-svb-the-weekend-silicon-valley-stared-into-the-abyss/?utm_source=twitter&utm_medium=social&utm_brand=wired&mbid=social_twitter&utm_social-type=owned

Sharon Stone Tearfully Admits ‘I Just Lost Half My Money To This Banking Thing’ In The Wake of SVB Crash

Actress Sharon Stone broke down during a recent speech as she revealed that she's "lost half" her money to a bad "banking thing."

Mediaite