Bailout | iCloud.Info

Bailout

The Swiss government has put a stop to some Credit Suisse banker bonuses after public backlash over the state-engineered rescue plan

Wed, 03/22/2023 - 01:10

Chairman of the Board of Directors of UBS, Colm Kelleher and Chairman of the Board of Directors of Credit Suisse, Axel Lehmann attend a news conference on Credit Suisse after UBS takeover offer, in Bern, Switzerland, March 19, 2023. — Colm Kelleher, the chairman of UBS, looks to shake hands with Axel Lehmann, his counterpart at Credit Suisse, on Sunday.
Denis Balibouse/Reuters

News, Markets, Credit Suisse, Switzerland, Banks, bank crisis, Bailout

Credit Suisse shares tumble 55% as its UBS rescue deal fails to calm bank-crisis jitters

Mon, 03/20/2023 - 09:07

Credit Suisse in Geneva.

Fabrice Coffrini/AFP/Getty Images

Markets, MI Exclusive, Stocks, Credit Suisse, ubs, Credit Suisse stock, Stock Market Today

Nobel economist Paul Krugman says the Silicon Valley Bank collapse has led to 'apocalyptic rhetoric' in markets, but almost none of it is true

Fri, 03/17/2023 - 09:23

Tech Insider : Economy

RTR31M2E — Paul Krugman.
REUTERS/Brendan McDermid

Markets, MI Exclusive, Paul Krugman, Silicon Valley Bank collapse, Silicon Valley Bank, SVB, Bailout

'Shark Tank' investor Kevin O'Leary says he's telling startup CEOs to limit bank deposits and brace for the next 'black swan idiot' blowup

Thu, 03/16/2023 - 14:20

kevin oleary shark tank — Kevin O'Leary.
Mark Davis / Staff / Getty Images

Markets, MI Exclusive, Kevin O'Leary, Silicon Valley Bank, Silicon Valley Bank collapse, SVB, Contagion

European authorities slam 'total and utter incompetence' of US regulators in handling SVB collapse

Thu, 03/16/2023 - 09:31

SVB — (Photo by Nikolas Liepins/Anadolu Agency via Getty Images)

Markets, MI Exclusive, Silicon Valley Bank collapse, Silicon Valley Bank, SVB, Bailout, Banking Crisis

A Silicon Valley Bank employee attempted to serenade Elon Musk with an Alanis Morissette parody, pleading for the billionaire to buy the failed bank

Wed, 03/15/2023 - 17:56

Ironic parody — A Silicon Valley Bank employee sang a parody to Elon Musk, pleading for him to buy the bank.
LinkedIn/Mona Maitra

Banking, SVB, Elon Musk, Bailout, Parody

The Silicon Valley Bank crisis is 'clearly' a bailout, says former FDIC chairman William Isaac

Tue, 03/14/2023 - 04:40

People walk in the rain with an umbrella outside Silicon Valley Bank — People walk past Silicon Valley Bank.
Justin Sullivan/Getty Images

News, Silicon Valley Bank, Bailout, shareholders, FDIC

Why Silicon Valley Bank's customers were bailed out

Mon, 03/13/2023 - 15:45

svb silicon valley bank building cop — Justin Sullivan/Getty Images

Tech Insider, finance, Silicon Valley Bank, Bailout, SVB, Bailouts, Bank failures

It's crystal clear now: More banks are going to fail

Mon, 03/13/2023 - 14:33

nyse svb first republic trading floor — Timothy A. Clary/AFP via Getty Images

Markets, MI Exclusive, Silicon Valley Bank, Silicon Valley Bank collapse, SVB, Bank stocks, Charles Schwab

Relax, SVB's implosion is nothing like the 2008 financial crisis, and the economy will be fine

Mon, 03/13/2023 - 14:13

Tech Insider : Economy

Startup founders scrambled to get their funds out of Silicon Valley Bank after its collapse. — Startup founders scrambled to get their funds out of Silicon Valley Bank after its collapse.
Justin Sullivan/Getty Images

economy, Markets, Silicon Valley Bank, Bailout, Great Recession, Treasury Department, Banking

Subscribe to Bailout