The Federal Deposit Insurance Corporation (FDIC), which was appointed receiver, was trying to find another bank over the weekend that was willing to merge with Silicon Valley Bank, people familiar with the matter said on Friday. Startup-focused lender SVB Financial Group became the largest bank to fail since the 2008 financial crisis on Friday, roiling markets and leaving billions of dollars belonging to companies and investors stranded. Pence’s remarks were the sharpest condemnation yet from the once-loyal lieutenant who has often shied away from confronting his former boss.
Trump has already declared his candidacy. Pence has not, but he’s been laying the groundwork to run. Some experts, however, see the fallout from the latest collapse as limited. “We do not see this as the start of a broader threat to the safety and soundness of the banking system,” TD Cowen analyst Jaret Seiberg said on Friday. The firm, known formally as the Saudi Arabian Oil Co., said in its annual report that the profit represented “its highest annual profits as a listed company.” That came off the back of energy prices rising after Russia launched its war on Ukraine in February 2022, with sanctions limiting the sale of Moscow’s oil and natural gas in Western markets.
More than a quarter-century after college freshman Kristin Smart vanished in what became one of California’s most notorious unsolved crimes, the man ultimately convicted of killing her was sentenced on Friday to serve 25 years to life in prison. The prison term imposed on Smart’s one-time classmate, Paul Flores, the maximum sentence under California’s current penal system, was announced by the San Luis Obispo County district attorney in a statement. In other men’s results, sullivan Italian 11th seed Jannik Sinner beat Frenchman Richard Gasquet 6-3 7-6(2), eighth seed Felix Auger Aliassime of Canada was a 7-6(5) 6-4 winner over Spain’s Pedro Martinez and Swiss Stan Wawrinka beat 26th seed Czech Miomir Kecmanovic 7-6(8) 6-4.
“Silicon Valley had a unique business model that was less dependent on retail deposits than a traditional bank.” (Reporting by Lananh Nguyen, Paritosh Bansal, Tatiana Bautzer, Nupur Anand and Ira Iosebashvili in New York and by Pete Schroeder and Jason Lange in Washington, Kanjyik Ghosh and Akanksha Khushi in Bengaluru; Writing by Megan Davies; Editing by Jamie Freed) She and reformed Hollywood bad boy Colin previously appeared together in the BBC’s Ballykissangel, which first aired in 1996, and Kerry has now cheekily left fans wondering just how acquainted the stars got after first working together. Iowa could be particularly crucial for DeSantis, who is expected to jump into the 2024 White House race later in the spring.
The state will hold the first Republican nominating contest early next year, and a win there would show DeSantis is a viable candidate against Trump. She previously won a BAFTA for Best Actress in a Supporting Role for the film – and received nominations for the Golden Globe for Best Supporting Actress – Motion Picture and sullivan the Screen Actors Guild Award for home school Third Grade phonics teacher Outstanding Performance by a Female Actor in a Supporting Role in a Motion Picture.