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Silicon Valley Bank, the go-to bank for US tech startups, facing a sudden bank run and capital crisis, collapsed last week, leaving its high-powered customers and investors in limbo. It was taken over by federal regulators. It was the largest failure of a US bank since Washington Mutual in 2008. CNN’s Christine Romans reports. #CNN #News

How will the Silicon Valley Bank failure affect software engineers and tech startups? Find out why SVB got into trouble and what it means for the average programmer.

#tech #svb #thecodereport

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Silicon Valley Bank collapsed in less than two days when FDIC regulators seized control. In that time, the bank’s stock price fell over 60%, a $42 billion bank run was sparked and a liquidity crisis ensued.

Here’s how SVB’s collapse became the second largest U.S. bank failure ever, and what it means for customers in the future.

0:00 SVB’s collapse forced bank closures, rattled global markets and threatened startups
0:30 The events leading up to SVB’s collapse
2:50 What was the turning point that marked SVB’s downfall?
4:39 Will Silicon Valley Bank be bailed out?

What Went Wrong explores the challenging conditions and decisions that led to a company's downturn.

#SVB #Finance #WSJ

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Jonathan Capehart and Rep. Katie Porter discuss the Federal Deposit Insurance Corp. (FDIC) taking control of Silicon Valley Bank and its deposits after the bank shut down in what is the largest U.S. bank failure since the global financial crisis more than a decade ago.

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#SiliconValleyBank #Finance #Bank

El colapso del Silicon Valley Bank es la mayor caída de un banco en Estados Unidos desde la crisis del 2008.
La Reserva Federal dijo que los depósitos de los clientes estaban garantizados.
Mientras el presidente de Estados Unidos Joe Biden trató de enviar un mensaje tranquilizador asegurando que el sistema financiero goza de buena salud.
Sin embargo, hay nerviosismo en los mercados que tanto en Asia como en Europa sufrieron grandes pérdidas por el temor a un efecto contagio.


● Guion y presentación: Ana María Roura
● Investigación: Ana María Roura, Paula Rosas, Daniel Thomas, Natalie Sherman
● Edición de video: Jorge Pérez Valery
● Cámara: Jorge Pérez Valery
● Editora: Natalia Pianzola

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Roger Ferguson, former Federal Reserve vice chairman and CNBC contributor, joins 'Squawk Box' to discuss if the Federal Reserve's moves are enough to stem concerns for other banks, what recent stock performance tells you and more. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi 

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In the largest bank failure since the 2008 financial crisis, the Silicon Valley Bank was shut down by regulators. Wall Street Journal capital markets reporter Corrie Driebusch and CNBC’s Senior Markets Correspondent Bob Pisani joined Meet the Press NOW with their analysis. 

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#Bank #SiliconValleyBank #Finance

In this video, we're diving into the fascinating world of the metaverse. The metaverse is a term that's been buzzing around the tech world for some time now, and it's set to be the next big thing. In this video, we'll give you a complete introduction to the metaverse, including what it is, how it works, and what it means for the future of technology.

We'll explore the various components of the metaverse, including virtual reality, augmented reality, blockchain technology, and social platforms. We'll also discuss how the metaverse is set to revolutionize the way we work, play, and connect with one another.

This video is perfect for anyone looking to get a comprehensive understanding of what the metaverse is and what its potential impact could be. Whether you're a tech enthusiast, a gamer, or simply curious about the future of technology, this video will provide you with all the information you need to know about this exciting new world. So, sit back, relax, and get ready to explore the metaverse with us!

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Looking for the facts about stem cell treatment for anti-aging? This video explores the claims and realities of using stem cells to reverse the signs of aging. We'll examine the latest research on stem cell therapy and anti-aging, explore the potential benefits and risks of such treatments, and separate fact from fiction when it comes to stem cells and anti-aging. Whether you're curious about the science behind stem cell therapy or considering such treatments for yourself, this video will provide valuable insights and information on this popular and controversial topic.Lifewave link belowhttps://lifewave.com/commerja