Thiel's bank, named after the mountain where the dragon Smaug hoards his treasure, plans to serve tech startups and crypto ...

When the regional banking crisis was in full throttle, Peapack Private Bank & Trust saw a lending void, and an chance to pick ...

Thiel is just one backer. The leader of the pack is reported to be Palmer Luckey, the founder of Anduril (another company ...

The application for Erebor, to be headquartered in Columbus, Ohio, outlines a digital-only model, with a secondary office in ...

The sudden closure of New York-based Signature Bank by regulators on March 12, 2023, marked a critical moment in a wave of ...

In Silicon Valley, nine-figure pay days are reportedly now being floated to the world's top talent as the race to own AI ...

Tech billionaire Joe Lonsdale said on Wednesday he is investing in a new crypto-focused U.S. bank being launched by Anduril ...

A group of billionaires led by Peter Thiel plans to launch Erebor, a new bank serving startups and crypto firms, aiming to ...

Silicon Valley billionaires plan to start a new lending bank focused on crypto currency and tech companies in Columbus. Ohio ...

In a bid to snap up tech startups and founders left semi-stranded after the 2023 collapse of Silicon Valley Bank, Citizens ...

To be named Erebor, the bank would be backed by high-profile tech investors including Joe Lonsdale, the founder of venture ...

Peter Thiel backs Erebor, a US bank launched by tech billionaires to support start-ups and crypto firms after SVB's 2023 collapse.