Tag Archives: Silicon Valley Bank

Financial Consultant Orynbayev Urges Regional Banks to Triple Investment in Digital Apps

Financial consultant Yerbol Orynbayev urges regional banks to triple their investment in digital apps to avoid another banking crisis. The intervention from the former World Bank governor follows reports that the number of weak U.S. banks rose to 52 in the last three months of 2023.

J.P. Morgan, BofA, Citizens and SVB Provide $350MM Credit Facility to Grindr

Grindr completed a refinancing via a new $300 million term loan A facility and a $50 million revolving credit facility. The joint lead arrangers of the transaction are J.P. Morgan, Bank of America, Citizens Bank and Silicon Valley Bank, a division of First Citizens Bank.