SHARIAH / WAM In a high-level meeting chaired by Sheikha Bodour Al Qasimi, the Board ...
Read More »SVB races to prevent bank run as funds advise pulling cash
BLOOMBERG Panic is spreading across the financial world as concerns about the financial stability of Silicon Valley Bank (SVB) prompt prominent venture capitalists including Peter Thiel’s Founders Fund to advise startups to withdraw their money. The turmoil followed a surprise announcement from Santa Clara, California-based SVB that it was issuing $2.25 billion of shares to bolster its capital position after ...
Read More »