The application for Erebor, to be headquartered in Columbus, Ohio, outlines a digital-only model, with a secondary office in ...

Thiel is just one backer. The leader of the pack is reported to be Palmer Luckey, the founder of Anduril (another company ...

Silicon Valley billionaires plan to start a new lending bank focused on crypto currency and tech companies in Columbus. Ohio ...

Stories about Soham Parekh, a software engineer that simultaneously works at several startups, have gone viral in the last ...

A group of billionaires led by Peter Thiel plans to launch Erebor, a new bank serving startups and crypto firms, aiming to ...

Silicon Valley Bank, the 16th largest bank in the country, failed on Friday and was taken over by the FDIC, after a run on the bank Wednesday and customers withdrew $42 billion of deposits by ...

The collapse of Silicon Valley Bank, the second-biggest bank failure in U.S. history, took place over less than 48 hours.. Customers withdrew $42 billion -- nearly a quarter of the bank's total ...

Silicon Valley Bank, founded in 1983, grew rapidly with the explosion of businesses in the tech-focused region, eventually expanding to more than a dozen states and countries including Israel, ...

Silicon Valley Bank’s rapid fall this month initially felt cataclysmic for the Bay Area’s startup industry. Less than three weeks later, news of the bank’s purchase by First Citizens Bank ...

Silicon Valley Bank did business with well-known tech companies including Shopify, Pinterest, Fitbit and thousands of lesser-known startups, in addition to established venture capital firms, ...

The sudden closure of New York-based Signature Bank by regulators on March 12, 2023, marked a critical moment in a wave of ...

Silicon Valley Bank’s four-decade run as the tech world’s preferred lender came to sudden end Friday after the feds shut down the embattled firm due to liquidity fears. Founded in 1983, the ...