'Shark Tank' star Kevin O'Leary bashes SVB bailout, moves assets out of banks
Celebrity investor Kevin O'Leary claims federal regulators should have let Silicon Valley Bank fail rather than "panic" and change policy for the entire banking system.
Tech CEO ditching Silicon Valley Bank after ‘mad scramble’ to acquire payroll funds
Winnie CEO and co-founder Sara Mauskopf details her experience in the Silicon Valley Bank collapse and why she is moving her company to other banks.
AMC secures shareholder approval to sell more stock
AMC Entertainment shareholders approved a 10-for-1 reverse stock split and a plan to convert APE units into common shares.
KPMG Gave SVB, Signature Bank clean bill of health weeks before collapse
KPMG audited Silicon Valley Bank and Signature Bank and gave both financial institutions clean bills of health just days before regulators shuttered both financial institutions
Charles Schwab shares trim losses as CFO defends firm
Charles Schwab's chief financial officer moved to reassure investors as the stock tumbled in the wake of Silicon Valley Bank's implosion and amid possible contagion fears.
Investor who called Lehman collapse predicts the next big bank failure
Robert Kiyosaki, who originally forecasted the Lehman 2008 crisis, predicts the next bank to collapse in the Silicon Valley Bank contagion will be Credit Suisse.
SVB collapse shares 'bloodcurdling' similarity to Lehman collapse: Expert
The Federal Reserve incentivized bad behavior and "bloodcurdling irresponsibility" that enabled Silicon Valley Bank's collapse, according to The Bear Traps Report's Larry McDonald.
How Silicon Valley Bank got burned
Customers were shut out after the FDIC seized Silicon Valley Bank on Friday, but regulators say funds will be available on Monday for insured customers.
Silicon Valley Bank shares plunge, Ackman advises government bailout
Silicon Valley Bank is fighting for survival as investors jump ship threatening the future of one of venture capital's most prominent financial firms.
Twitter users erupt at IRS's calls for thieves to report stolen income: 'Good to know'
Twitter users mocked the IRS's confounding rule about thieves and drug dealers needing to report the fair market value of any stolen property or drug income.
SVB sinks wiping $61B in market value off bank stocks
Silicon Valley Bank lost over half its value after investors bailed on the shares following plans for a large capital raise.
JP Morgan sues former executive over Jeffrey Epstein ties, potential damages
JPMorgan Chase & Co. faces two lawsuits regarding its ties to Jeffrey Epstein, with allegations that the bank was responsible for enabling him as it retained Epstein as a client.
WeWork shares rise as company holds talks to restructure debt
WeWork, the workplace rental company is reportedly in talks with Yardi Systems to restructure debt.
Salesforce profit outlook buoys software maker against activist investors
Salesforce hopes that the improved profitability it has gained from layoffs, especially in its Mergers and Acquisitions group will ward off attacks by activist investors.
Instacart’s revenue and profit climb ahead of public listing
Instacart had higher sales and profit in Q4 as it continues to float an IPO. Instacart has waited since late 2022 for a more cooperative market before going public.
Bank of America totaled $1.2 billion in penalties, settlements in 2022
Bank of America recorded $1.2 billion in fines, settlements and expenses in 2022, topping the costs paid the previous two years.
NYC billionaire financier found dead in Manhattan office from self-inflicted gunshot wound: report
A billionaire financier was reportedly found dead Thursday inside his New York City office.
'Shark Tank' star Kevin O'Leary doubles down on controversial take on success: 'Sacrifice' takes 'guts'
If working 25 hours a day, eight days a week makes you uncomfortable, then "Shark Tank's" Kevin O'Leary says "don't even try" to become a successful entrepreneur.
Adidas warns of losses in aftermath of Yeezy fallout
Adidas is warning that the German sportswear company could be headed to a loss in 2023 if it can't sell its inventory of Yeezy shoes. The company cut ties with rapper Ye in October.
Disney’s Iger to face investors as he contends with activist, ESPN's future, streaming status
The Walt Disney Co. will report its latest fiscal fourth-quarter results after the market closes Wednesday as returning CEO Bob Iger faces several issues.