Phones across the startup world are blowing up with the same question: Should we move our money out of Silicon Valley Bank?
Here’s what’s going on with SVB https://t.co/uIvxCg3kl0
"This is one of the largest bank failures in history."
@sonalibasak explains the significance of Silicon Valley Bank being closed by California regulators https://t.co/URnqGas9Ai
Cypriots will return to the ballot box on Feb. 12 to choose either Nicos Christodoulides or Andreas Mavroyiannis to oversee the Mediterranean island’s economic recovery https://t.co/opWX3cRgbt
The European Central Bank must continue raising rates “significantly” to fight record inflation, according to Bundesbank President Joachim Nagel https://t.co/ldwm6tNlQc
Credit Suisse's terrible day in the capital markets result in huge distortions in the price of credit derivatives protecting against a default by the Swiss lender https://t.co/2ONpRicSei
NEW🚨Germany’s €200 billion “defence shield” is not as bad as you think. It is also an opportunity to have a fresh debate on EU fiscal rules. Our take, with @jzettelmeyer and @GeorgZachmann
https://t.co/rLO5WxNvmS
The ECB should raise interest rates by at least a half-point at its October meeting, according to Governing Council member Gediminas Simkus https://t.co/y3LpHAF1Zx
JPMorgan has electricity contingency plans for all of its offices, including backup generators and the possibility to move staff, in case of an energy emergency in Europe https://t.co/Ats5QW2uDt
Amundi, Europe’s largest asset manager, says it’s time to cut equity exposure and turn more defensive as macroeconomic and profit risks mount https://t.co/0wCFP9klcH
ECB President Christine Lagarde is redoubling efforts to forge a deal on a still-incomplete tool that can stem market speculation on weaker euro-zone members, sources say https://t.co/JTop3TBdY9
German Investor Confidence Sinks to Worst Since Debt Crisis.
ZEW expectations gauge falls to -53.8; economists saw -40.5.
Slump reflects major concerns over energy supply, Wambach says.
Chinese Developer Shimao Fails to Pay $1 Billion Dollar Bond
(Bloomberg) -- Chinese developer Shimao Group Holdings Ltd. said it didn’t pay a $1 billion dollar note that matured Sunday, adding to a record year of offshore-bond delinquencies in the sector.