VC firm worked to secure its money and that of its companies amid the turmoil caused by Silicon Valley Bank’s collapse.
Senator Elizabeth Warren said Tuesday she doesn’t think multibillion-dollar banks should get an increase in federal insurance without tighter regulation.
Stocks in Asia are set to follow US equities higher as concerns over financial stability ease and as investors prepare for the Federal Reserve’s interest-rate decision later Wednesday.
Ukraine won staff backing for a $15.6 billion loan from the International Monetary Fund, setting up the first loan to a nation at war in the institution’s 77-year history.
The former owner of Silicon Valley Bank, seized earlier this month by regulators, will need to wait, possibly for several months, to know if it can get back about $2 billion in cash it would need to repay bondholders and other creditors.
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