SVB

Marc Andreessen says student loan forgiveness is a 'bailout.' Ben Horowitz thinks college is mostly 'a scam.'

Tech Insider
Andreessen Horowitz

Phillip Faraone/Getty; Steve Jennings/Getty

The S&P 500 could crash nearly 50% as a brutal recession takes hold, veteran technical analyst warns

Tech Insider
Milton Berg
Milton Berg.

Forward Guidance/YouTube

US banks hoard $3.3 trillion in cash amid fears of an economic slump

Tech Insider : Economy, Economy
SVB bank
SVB Financial's share price collapse is weighing on top bank stocks including JPMorgan and Bank of America.

Dado Ruvic/Reuters

NBA star Giannis Antetokounmpo spread his money across half a dozen bank accounts as a rookie because of the FDIC's $250,000 limit. Billionaire team owner Marc Lasry told him to invest instead.

Tech Insider
Giannis Antetokounmpo
Giannis Antetokounmpo.

Aaron Gash/AP

The US government's been selling SVB and First Republic's wine collections. Past bank failures have put far weirder assets in federal hands.

Tech Insider
svb silicon valley bank building cop
Silicon Valley Bank collapsed this spring and was taken over by the FDIC.

Justin Sullivan/Getty Images

Ex-Goldman CEO Lloyd Blankfein phoned his successor to complain after taking a $50 million hit on the bank's stock - and even offered to rejoin the firm, report says

Tech Insider
Lloyd Blankfein
Ex-Goldman Sachs CEO Lloyd Blankfein.

REUTERS/Wolfgang Rattay

The US bond market is on the verge of a major breakdown - and that will send mortgage rates to levels unseen since 2000 and fuel more banking trouble, economist says

Tech Insider
US economy dollars
Many analysts think the US is heading for a recession in 2023.

Juanmonino/Getty Images

'Bond King' Bill Gross says he's dumping 80% of his regional bank holdings after making 'mucho bucks' in just three months

Tech Insider
Bill Gross
PIMCO co-founder Bill Gross.

Lucy Nicholson/Reuters

The family behind First Citizens Bank has seen its wealth double to $2.2 billion after buying SVB's assets out of bankruptcy

Tech Insider
A woman walks in front of a First Citizens Bank branch in Raleigh, North Carolina.
A First Citizens Bank branch in Raleigh, North Carolina. First Citizens Bank has acquired assets from Silicon Valley Bank.

Melissa Sue Gerrits/Getty Images

Banking turmoil is far from over. Bill Ackman, Jeffrey Gundlach, and Mohamed El-Erian have renewed their warnings about unresolved risks.

Tech Insider
Bill Ackman
Bill Ackman.

Reuters

Subscribe to SVB