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Silicon Valley Bank

A bitcoin ATM in Tel Aviv, Sept. 9, 2021. Photo by Miriam Alster/Flash90.

False depictions of Israeli reforms and the fall of SVB

The anti-Netanyahu-government protest movement is taking the metaphor of a guy bemoaning his orphanhood after killing his parents to a whole new level.

March 14, 2023

Silicon Valley Bank headquarters and branch in Santa Clara, Calif. Credit: Sundry Photography/Shutterstock.

Saved by the Feds? US government steps in to help customers of Silicon Valley Bank

“It is still in receivership. But it is backed by money, so people are guaranteed their assets. People are back in business and now have access to all, not just a portion, of their money,” explained Itay Frishman at the Ramat Gan-based Meitar law firm

Judith Segaloff

March 13, 2023

Israeli Prime Minister Benjamin Netanyahu speaks with Finance Minister Bezalel Smotrich during a discussion and a vote on the government's judicial overhaul plans in the Knesset assembly hall, on Feb. 20, 2023. Photo by Yonatan Sindel/Flash90.

Israel to mull bailing out tech companies hurt by US bank collapse

Silicon Valley Bank, which collapsed after a run on the institution, held some $160 billion in uninsured deposits.

March 12, 2023