Published 1 year ago

Republicans divided on how to talk about Silicon Valley Bank collapse

Summary by Ground News

The collapse of Silicon Valley Bank left Republicans scrambling to digest its ramifications and divided on their messaging.

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News18 India

Silicon Valley Bank Collapse: Top US Banks to Deposit $30 Bn to Shore Up First Republic

America's largest banks moved Thursday to shore up First Republic, easing fears that the regional lender could be the next domino to fall after collapses including Silicon Valley Bank. A consortium of 11 US private banks announced they would deposit $30 billion into First Republic.

1 year ago·India

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The Independent

Democrats hand back Silicon Valley Bank donations following bank’s collapse

Federal regulators seeking to sell bank

1 year ago·London, United Kingdom

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USA Today

Was Silicon Valley Bank too 'woke'? Why Republicans blame collapse on 'diversity demands'

Republicans are blaming the nation’s second-largest bank failure on “wokeness,” not lax regulation, ill-fated business decisions or panicked customers

1 year ago·United States

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Hindustan Times

Massive job cuts in India due to Silicon Valley Bank collapse? Experts say…

SVB was a significant lender to companies doing business in the US-India market. Because of this, there are questions about whether the failure will have a significant impact on these firms and force them to implement drastic cost-cutting measures like employment cuts or recruiting freezes.

1 year ago·New Delhi, India

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The Washington Post

Big Government is to blame for Silicon Valley Bank’s collapse

Silicon Valley Bank was grossly mismanaged, but a domino-like series of government actions helped its ultimate demise.

1 year ago

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The Hill

Republicans divided on how to talk about Silicon Valley Bank collapse

The collapse of Silicon Valley Bank left Republicans scrambling to digest its ramifications and divided on their messaging. Some Republicans were quick to go for “woke,” linking the collapse of the institution that catered mostly to tech start-ups and venture capitalists with policies like environmental, social and governance (ESG) investments and diversity and inclusion initiatives. […]

1 year ago·Washington, United States

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