Venture capitalist Peter Thiel left $50 million of his own cash in doomed Silicon Valley Bank -- even though his company had raised the loudest alarm leading to its panicked shutdown a week ago.

Palmer Luckey is launching a new digital bank with backing from Peter Thiel. Erebor takes its name from The Lord of the Rings. It’s the latest in several businesses associated with the two that ...

A group of tech billionaires led by Anduril co-founder Palmer Luckey are launching a new crypto-focused U.S. bank to fill the void left by Silicon Valley Bank's collapse, the Financial Times ...

Peter Thiel–Funded Anti-Woke Bank, GloriFi, Set to Close Peter Thiel speaks at the Republican National Convention in Cleveland, Ohio, in 2016.(Mario Anzuoni/Reuters) By Ari Blaff About Ari Blaff ...

An "anti-woke" bank backed by Peter Thiel is closing down just three months after it was founded. GloriFi attracted $50 million in investment from conservative backers last year.

Now, billionaire and Palantir co-founder Peter Thiel and several of his pals want to fill the void left by SVB by launching their own bank dedicated to backing the industry’s riskier bets.

PayPal co-founder Peter Thiel claims he had $50 million of his own money in Silicon Valley Bank when it collapsed, despite warnings from his own Founders Fund.