Entrepreneurs and venture capitalists are setting up firms across the Pacific, only to find that any investment with Chinese ties is a hard sell.
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Tech Investors Are the Latest to Zoom for Harris
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Feds Announce That All SVB Depositors Will Get Their Money Beginning This Week
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State Regulators Shut Down Silicon Valley Bank, FDIC Takes Control of Loans and Deposits
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The FDIC move came less than two hours after a decision by tech funding giant SV Financial Group, parent company of Silicon Valley Bank, to halt trading shortly after markets opened this morning on NASDAQ – after its stock collapsed in 24 hours from $176.55 to $39.25 per share – sent shock waves across financial markets worldwide.
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