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Thursday 30 March 2023 Dublin: 11°C

# svb

Last week
19th March 2023 - 25th March 2023
# Podcast
The Explainer: What's behind the recent wave of bank failures?
Brooke Masters from the Financial Times joins us on this week’s episode to explain exactly what is going on. What caused the collapse of Silicon Valley Bank? How did it cause ripple effects across the world? And although we’re hearing a lot about venture capital, how worried should Joe and Jane Doe be about their savings?
Last month
March 2023
Opinion: What happened to the Silicon Valley Bank and why does it matter?
The SVB collapsed last Friday, once again shedding light on the fragility of the financial system.
# Banking
Biden to seek tougher banking regulations, as managers of Silicon Valley Bank are to be fired
The UK arm of SVB has been sold to HSBC for a nominal £1 in a rescue deal announced this morning.
# SVB Explainer
What is Silicon Valley Bank and why did it collapse?
The bank, which specialised in financing startups, was little known to the general public before last week.
# svb
Department of Finance ‘monitoring developments’ of collapsed Silicon Valley Bank
The Department said there is ‘limited direct impact on the Irish financial system’.
# svb
‘I was in panic mode’: Impact of Silicon Valley Bank collapse extends to Ireland
Sisu clinic co-founder Pat Phelan said no one could predict the swift collapse of the bank.
# California
Silicon Valley Bank collapse stuns tech and banking worlds
The bank was a lender of money to tech startups, including a number of Irish firms.