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

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 ...

I recently reviewed the factors that led to the collapse of a once-prominent banking institution. In my role as CEO and financial advisor, I have seen many shifts in the market. I feel compelled to ...

Tech billionaire Joe Lonsdale said on Wednesday he is investing in a new crypto-focused U.S. bank being launched by Anduril ...

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

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

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, 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, ...