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BVTV: Picking at SVB’s scraps | Reuters Video

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Watch: With interest rates the highest they’ve been in over a decade, dead companies’ carcasses have become unusually valuable: benwinck

Wages may still be 'thorn' in Fed's side -analystFast fashion: Zara pledges to get greenerHistory, stability lure tourists back to IraqFoxconn eyes India chip incentives, ditches VedantaBank earnings will be

worse than anticipated -CIOThreads overtakes ChatGPT as fastest-growing platformIraq, TotalEnergies sign massive energy dealAustralia coffee shops an early inflation casualtyInvestors bet China's tech crackdown is over

 

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Higher rates encourage more picking at carcassesSVB Financial is suing regulators to recoup $1.9 bln in cash. The sum would generate $100 mln in interest, four times what it would have earned a year ago. Without that, SVB may need pricier rescue funds. Higher rates make cash worth a fight, especially at failed companies.
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