Silicon Valley Bank’s historic meltdown last week was largely attributed to deteriorating business conditions in the firm’s concentrated customer base and an ill-timed decision to invest billions of dollars in mortgage-backed securities. But long-time clients and others with intimate knowledge of how SVB operated say the bank did itself no favors. Between the bank’s refusal
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SANTA CLARA, CA, US – MARCH 13: People wait outside the Silicon Valley Bank headquarters in Santa Clara, CA, to withdraw funds after the federal government intervened upon the bank’s collapse, on March 13, 2023. (Photo by Nikolas Liepins/Anadolu Agency via Getty Images) Nikolas Liepins | Anadolu Agency | Getty Images The collapse of U.S.-based
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Professor Michael Clarke looks at what could happen if Russia succeeds in taking Bakhmut, and if so how it would be a pivotal point in the war. Find live updates here – https://news.sky.com/story/ukraine-war-latest-russian-planners-face-dilemma-putins-defence-minister-sensitive-over-wagner-boss-comparison-12541713 #skynews #ukraine #russia #bakhmut SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews Follow us on Twitter: https://twitter.com/skynews Like us on Facebook:
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Russia’s war in Ukraine and China’s aggression over Taiwan threaten to create a world “defined by danger, disorder and division”, the UK prime minister has warned. Rishi Sunak predicted a “difficult and dangerous decade” as his government published a long-awaited update to a major defence, security and foreign policy review on Monday. The 63-page document
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Joe Biden’s administration will approve a scaled-back version of a controversial $7bn oil and gas drilling project. The move comes despite criticism from environmentalists who say the development of the three drill sites in northwestern Alaska conflicts with Mr Biden’s highly-publicised efforts to fight climate change. The US president has also pledged to shift to
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