Scotch & Soda, the Dutch fashion brand, that recently filed for bankruptcy in Amsterdam, the Netherlands, due to "serious cash flow problems", is saved by US investor Bluestar Alliance. The investor is know for sports brand Hurley. The US investors…
Sunday, the details of a government-led bailout of Credit Suisse were communicated. Also the bailouts of SVB and Signature Bank were during the weekend, last week. So, never a dull weekend anymore in the bank crisis 2.0. Banks' only real…
Silicon Valley Bank (SVB), a big lender in the thriving Californian tech startup community, is in default. The Federal Deposit Insurance Corporation (FDIC) took control of the bank’s $175 billion in customer deposits on Friday. And the Treasury, Fed and…
