The Latest Breaking News from FDIC

For a week that was filled with news and earnings, the market failed to react in any major fashion. The S&P 500 ($SPX) (SPY) finished the week 0.80% lower. Watching the Goliath Apple (AAPL) report better-than-expected earnings helped to buoy the market along with a stronger-than-expected NFP report.

Protecting the assets of Silicon Valley Bank and Signature Bank avoided what Warren Buffett, CEO of Berkshire Hathaway, said would have been a "catastrophic" scenario on the banking system.

Four U.S. regional banks failed in March and April. Stocks of smaller banks continue to sell off, a sign that the banking crisis is not over despite regulators' efforts.

Four days after the failure of First Republic Bank, pressure is mounting on PacWest, which is trying to reassure investors as best it can.

The hedge fund manager has called for stronger government intervention, including full depositor protection, since turmoil began in early March.

Four days after the failure of First Republic Bank, pressure is mounting on PacWest, which is trying to reassure investors as best it can.

Four U.S. regional banks failed in March and April. Stocks of smaller banks continue to sell off, a sign that the banking crisis is not over despite regulators' efforts.

Four days after the failure of First Republic Bank, pressure is mounting on PacWest, which is trying to reassure investors as best it can.

Four U.S. regional banks failed in March and April. Stocks of smaller banks continue to sell off, a sign that the banking crisis is not over despite regulators' efforts.