News Formal

Factbox: Which companies are affected by SVB collapse?

  • 📰 Reuters
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 97%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Startup-focused lender SVB Financial Group last week became the largest bank to fail since the 2008 financial crisis, sending ripples across the globe as billions of dollars belonging to companies and investors were left stranded.

PHARMING GROUP NV

The biopharmaceutical company says it has $26 million of deposits at SVB U.S., and expects to not bear any losses on these depositsThe Sweden-based investment firm says its pro rata share of SVB deposits amounts to less than $20 millionThe intellectual property services provider says a small cash position held within SVB in U.S. is expected to be fully protected under Federal Deposit Insurance Corporation Scheme.

"For individual pension savers at Alecta, the impact of this investment on future occupational pension payments is very small," it adds. Alecta was SVB's fourth-biggest owner with a 4.45% stake on Dec. 31, according to Refinitiv.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

You noticed.

USTreasury if you can't find stacks of cash laying around to provide to banks with low reserves and feel the need to ask the Fed to print more cash, don't. find Circle and Blockfi's illegal cash vaults and raid them.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 2. in SE

Sverige Senaste nytt, Sverige Rubriker