Silicon Valley Bank reopens to depositors' delight

Silicon Valley Bank reopens to depositors' delight

Silicon Valley Bank, now federally run, is telling customers that their money is not lost even if most of it is uninsured.

Customers Face Problems Accessing Deposits in Silicon Valley Bank

Some startup and venture-fund customers of Silicon Valley Bank said they were able to sign into their accounts Monday morning and set up wires to transfer money out, but many still struggled for access by evening. 

Silicon Valley Bank depositors are saved at the last minute

In this edition: The latest on Silicon Valley Bank, Microsoft's plan to beat Google in search ads, an end to Google's Smarty Pants, and more tech news.

SVB To Let Customers Access Deposits Today, Indian Startups Expect Relief

Silicon Valley Bank (SVB) live updates: The Silicon Valley Bank, a key lender to US startups since the 1980s, which collapsed on Friday last, will re-open "no later than Monday morning" New York Time, which could be between 9 pm and 10 pm in India.

Commentary: Beyond saving Silicon Valley Bank’s depositors, here’s what needs to happen next

Before Thursday, Silicon Valley Bank was regarded as being in “sound financial condition.” But on that day it experienced attempted withdrawals of $42 billion, about a third of its U.S.

Roblox Had $150M Deposited At Silicon Valley Bank When It Crashed Last Week

The company's money is safe now though after the government said it would insure all SVB deposits.