16 Mar
Member News

OCO Global | Silicon Valley Bank: Banks to the future

What a week it has been for tech investment. On Thursday 9th March, most of the world had never heard of Silicon Valley Bank (SVB). By Friday, the second-largest bank failure in US history was all over the news, everywhere. By Sunday, US regulators were using emergency measures to prevent contagion across the banking system. By Monday HSBC had bought the UK arm of SVB for £1. Now, as the digital frenzy unleashed starts to settle, it seems that the...

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16 Mar
Chapter News

Net-Zero Industry Act: Making the EU the home of clean technologies manufacturing and green jobs

Today, the Commission proposed the Net-Zero Industry Act to scale up manufacturing of clean technologies in the EU and make sure the Union is well-equipped for the clean-energy transition. This initiative was announced by President von der Leyen as a part of the Green Deal Industrial Plan. The Act will strengthen the resilience and competitiveness of net-zero technologies manufacturing in the EU, and make our energy system more secure and sustainable. It will create better conditions to set up net-zero...

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16 Mar
Chapter News

Critical Raw Materials: ensuring secure and sustainable supply chains for EU’s green and digital future

Today, the EU Commission proposes a comprehensive set of actions to ensure the EU's access to a secure, diversified, affordable and sustainable supply of critical raw materials. Critical raw materials are indispensable for a wide set of strategic sectors including the net zero industry, the digital industry, aerospace, and defence sectors. While demand for critical raw materials is projected to increase drastically, Europe heavily relies on imports, often from quasi-monopolistic third country suppliers. The EU needs to mitigate the risks...

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16 Mar
Brexit News, Member News

OCO Global | ‘Like a light coming on’: N Ireland business hails Brexit trade deal

Northern Ireland has long been one of the most under-invested regions of the UK. OCO Global's Executive Chairman Mark O’Connell speaks with Financial Times on the ‘transformative opportunity’ the Windsor Framework can provide. Full article HERE. Compliments of OCO Global - a member of the EACCNY.

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15 Mar
Member News

Fenwick | Silicon Valley Bank Closure: Updated Considerations Following the Creation of Silicon Valley Bridge Bank, N.A.

Last Updated: March 14, 2023 Considerations relating to Silicon Valley Bank (SVB)’s closure have continued to evolve as a result of the recent announcement by the Federal Deposit Insurance Corporation (FDIC) that it has transferred all deposits—both insured and uninsured—and substantially all assets of the former SVB (including loans and lines of credit) to a newly created, full-service, FDIC-operated ‘bridge bank,’ Silicon Valley Bridge Bank, N.A. (SV BB). Depositors and borrowers of SVB automatically became customers of SV BB and will...

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15 Mar
Chapter News

U.S. FED Speech by Governor Bowman on “The Innovation Imperative: Modernizing Traditional Banking”

Governor Michelle W. Bowman at the Independent Community Bankers of America ICBA Live 2023 Conference, Honolulu, Hawaii | March 14, 2023 | I would like to thank the ICBA for the invitation to speak with you today. It is a pleasure to be with you to discuss innovation in the U.S. financial system, the emerging trends that are shaping the industry, and the influence of regulatory approach on this evolution.1 Before turning to the main theme of my remarks, I would...

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15 Mar
Member News

CILcare expands its Scientific Advisory Board to accelerate its research projects in synaptopathy, an early marker of age-related diseases

Montpellier, France, March 13 2023 – CILcare, a company specialized in the R&D of novel therapies for hearing disorders, has the immense pleasure of welcoming four renown researchers in the field of hearing to its Scientific Advisory Board (SAB): Keith Darrow, Stéphane Maison, Aimo Kannt, and Dona Jayakody. Presided by Yves Cazals, formerly employed at the INSERM institute, specialists in psychoacoustics and the treatment of auditory pathologies, CILcare’s SAB will contribute to the development of its synaptopathy pipeline, an...

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14 Mar
Member News

Wilson Sonsini | SVB Is Now a Full-Service “Bridge Bank”: Key Legal Considerations for Companies Considering Whether to Transfer Funds from SVB

In the latest development around the closure of Silicon Valley Bank and the appointment of the Federal Deposit Insurance Corporation (FDIC) as receiver, the FDIC announced today that it has transferred all bank deposits—both insured and uninsured—to a newly created, full-service FDIC-operated “bridge bank.” The FDIC has also transferred over substantially all assets (including all lines of credit of the bank, as clarified in updated FAQs released by the FDIC). The bridge bank, Silicon Valley Bank, N.A. (SVB N.A.),...

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14 Mar
Member News

Datacolor | Why You Need Digital Color Measurement — And How to Begin the Search

This is the first blog by Dwight Davis, Datacolor Regional Sales Manager, in our series about finding the right tools for digital color management. In this post and the following ones, we’ll cover how to begin your search, making the business case for color management, the different types of color measurement instruments, how to successfully roll out new equipment and more. Our goal is to help you make the best decision possible for your company’s needs. Do you really need...

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14 Mar
Member News

Cushman & Wakefield | European Macro Outlook: What’s in a Number?

Two consecutive quarters of negative growth is the technical definition of a recession. There has been a great deal of debate on whether the economies of the euro area and the UK are in a recession. If growth remains flat or is revised down for the final quarter of 2022, the underlying truth is that growth for the euro area and the UK has been subdued. Although the near-term outlook looks brighter than many expected six months prior, some...

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