PYMNTS-MonitorEdge-May-2024

silicon valley bank

Why the FDIC Is Suddenly Front-Page News
Why the FDIC Is Suddenly Front-Page News
March 29, 2023  |  Banking

Few debates rage as fiercely today as how to protect bank customers — and how much protection they need. A trio of regulators appeared before...

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Possible Banking Regulations Come to Light During Senate Hearing
Possible Banking Regulations Come to Light During Senate Hearing
March 28, 2023  |  Bank Regulation

Possible future banking regulations came to light during a Senate committee hearing. The proposals were mentioned by Federal Reserve Vice Chair for Supervision Michael Barr...

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Regulators Tell Senate Lawmakers SVB Bank Leaders Ignored Warnings
Regulators Tell Senate Lawmakers SVB Bank Leaders Ignored Warnings
March 28, 2023  |  Bank Regulation

Lawmakers let their frustrations with regulators fly during Tuesday’s (March 28) Senate Banking Committee hearing. The collapse of Silicon Valley Bank (SVB) and Signature Bank...

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Small Banks Lost $109 Billion in Deposits During Banking Crisis
Small Banks Lost $109 Billion in Deposits During Banking Crisis
March 28, 2023  |  Banking

Customers pulled $109 billion from smaller banks during the recent banking crisis. That’s according to recent research by Moody’s Corp., which also shows that larger...

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SVB Implosion Could Blow Half-Trillion-Dollar Hole in VC Sector as Valuations Become More Clear
SVB Implosion Could Blow Half-Trillion-Dollar Hole in VC Sector as Valuations Become More Clear
March 27, 2023  |  Startups

Venture capital (VC) firms should prepare for a whole new level of scrutiny in the wake of the Silicon Valley Bank (SVB) implosion, market watchers...

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Regulators Seek ‘Unflinching’ Look at SVB and Bank Supervision at Capitol Hill Hearings
Regulators Seek ‘Unflinching’ Look at SVB and Bank Supervision at Capitol Hill Hearings
March 27, 2023  |  Bank Regulation

It’s common practice on Capitol Hill for witnesses — appearing before various committees — to release their testimony ahead of time. And what’s written down...

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Density CFO Says Establishing Product-Market Fit Critical for Banks Post-SVB
Density CFO Says Establishing Product-Market Fit Critical for Banks Post-SVB
March 27, 2023  |  CFO

Silicon Valley Bank was a full-service institution focused on meeting the needs of startups. Few other banks offered the potent mix of flexibility, understanding and...

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SVB and Signature Were ‘Allowed to Fail,’ Says FDIC Chair
SVB and Signature Were ‘Allowed to Fail,’ Says FDIC Chair
March 27, 2023  |  Banking

America’s banking regulator is investigating the recent collapse of two lenders. Martin Gruenberg, chairman of the Federal Deposit Insurance Corp. (FDIC), says his agency is...

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Regulators Look Closer at ‘Shadow Lending’ Following SVB Crisis
Regulators Look Closer at ‘Shadow Lending’ Following SVB Crisis
March 27, 2023  |  Banking

Could the next financial crisis spring from the world of “shadow lending?” It’s something regulators and bankers are concerned about, Bloomberg News reported Monday (March...

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