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  Bloomberg

  A Year Later, Lessons From Silicon Valley Bank’s Epic Collapse

  (Bloomberg) -- March 10, 2023, should’ve been a day to celebrate for Eric Vogel. He was about to sign a funding deal for his recycling startup, Circularr, after five months of due diligence. The investor just wanted to talk to one last reference, a formality before the deal closed.Most Read from BloombergOne of the Most Infamous Trades on Wall Street Is Roaring BackStock Rally Stalls in Countdown to Inflation Data: Markets WrapThese Are the Best Countries for Wealthy ExpatsBond Investors Are Lin

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  The Wall Street Journal

  Tech, Media & Telecom Roundup: Market Talk

  Gain insight on Cogeco’s new CEO, Warner Music’s planned bid to acquire Believehe, and more in the latest Market Talks covering Technology, Media and Telecom.

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  The Wall Street Journal

  CATL Shares Rise After JV News, Morgan Stanley Upgrade

  Contemporary Amperex Technology’s shares surged Monday on multiple drivers, including news of a collaboration with Chinese companies Xiaomi and BAIC Motor, as well as an upgrade by Morgan Stanley.

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  Reuters

  India's IndiGo's co-founder Gangwal sells stake worth $820 million

  BENGALURU (Reuters) -Rakesh Gangwal, co-founder of Indian airline IndiGo, sold a 5.8% stake worth $820.3 million in operator Interglobe Aviation via bulk deals on Monday. Gangwal, who held a 11.72% stake in Interglobe, as of December-end, sold 22.5 million shares at a price between 3,015.10 and 3,016.36 rupees per share, according to stock exchange data. Morgan Stanley bought 2.1 million shares, according to the data.

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  Reuters

  HSBC to hire almost 50 bankers for startup, venture lending in US

  HSBC is planning to recruit about 50 more bankers in its U.S. commercial bank to lend to startup companies, mainly in the technology and healthcare sectors, according to a senior executive. The London-headquartered bank hired about 40 people from Silicon Valley Bank after the latter lender failed a year ago. The innovation banking business at HSBC now stands at about 60 employees and is focused on serving early- and mid-stage companies.

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  Reuters

  Ford to pay $365 million in US import tariff evasion case

  Ford Motor will pay $365 million to resolve U.S. allegations it violated a federal tariff law by misclassifying and understating the value of hundreds of thousands of its Transit Connect vehicles. The Justice Department said the settlement resolves allegations that Ford devised a scheme to avoid higher duties by misclassifying cargo vans imported from Turkey from April 2009 to March 2013. "Ford strongly disagrees with many of the characterizations in the DOJ’s statement and admits no liability in this matter," a Ford spokesperson said.