WSJ News Exclusive | SVB Customers Who Lost Their Deposits Remain on the Hook for Loans

South Africa News News

WSJ News Exclusive | SVB Customers Who Lost Their Deposits Remain on the Hook for Loans
South Africa Latest News,South Africa Headlines
  • 📰 WSJ
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

“They’re being squeezed both ways,” former FDIC regulator Joseph Lynyak said of Silicon Valley Bank customers who have lost their deposits but still have to repay their loans

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.

https://www.wsj.com/articles/svb-customers-who-lost-their-deposits-remain-on-the-hook-for-loans-5df7963bThe FDIC seized the deposits of Silicon Valley Bank’s Asian customers, but their loans remain with First Citizens Bank

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

WSJ /  🏆 98. in US

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

New artificial intelligence: Will Silicon Valley ride again to riches on other people’s products?New artificial intelligence: Will Silicon Valley ride again to riches on other people’s products?Silicon Valley is poised once again to cash in on other people’s products, launching a data grab of unprecedented scale that has already spawned lawsuits and congressional hearings.
Read more »

Pres. Biden, Florida Gov. DeSantis to hold dueling fundraisers this week in Silicon ValleyPres. Biden, Florida Gov. DeSantis to hold dueling fundraisers this week in Silicon ValleyA surprise in the skies over Marin County Friday, as military aircraft flew maneuvers near Larkspur ahead of President Joe Biden's visit to the Bay Area.
Read more »

Silicon Valley investor plans $100 million Saudi Arabia VC fundSilicon Valley investor plans $100 million Saudi Arabia VC fundSilicon Valley-based tech investor Plug and Play Tech Center, an early backer of firms including Dropbox Inc. and PayPal Holdings Inc., is looking to raise $100 million to invest in Saudi tech star…
Read more »

Silicon Valley luminaries give RFK Jr.’s anti-vaccine message a boostSilicon Valley luminaries give RFK Jr.’s anti-vaccine message a boostThe views of the leader of a broad anti-vaccine movement who is now running for president are unchallenged in public forums run by several prominent Silicon Valley figures.
Read more »

LIVE: Pres. Biden arrives in Bay Area for visit, Silicon Valley fundraiserLIVE: Pres. Biden arrives in Bay Area for visit, Silicon Valley fundraiserThe president plans to visit a nature preserve in Palo Alto and announce more than $600 million for climate adaption projects.
Read more »



Render Time: 2025-03-04 06:48:50