The Latest Breaking News from First Republic

Silvergate, Silicon Valley Bank and Signature Bank collapsed in the same week. All eyes are now on First Republic Bank.

Stock markets fail to be reassured by Joe Biden’s intervention, as SVB failure is followed by Signature

Silicon Valley Bank depositors will be made whole, but startups are losing a key player in the ecosystem.

Stocks move lower as SVB collapse rattles global markets; Week Ahead: inflation, retail sales hurdles before Fed rate decision; SVB equity, bond investors wiped out, depositors backstopped; Regional bank stocks tumbles despite Fed lending support and Eclectic hit 'Everything Everywhere All At Once' dominates Oscars.

The regional bank was keen to send a reassuring message to investors and clients, as speculation about contagion from the collapse of Silicon Valley Bank is rife.

Futures were radically split as financial regulators guaranteed all SVB Financial deposits and offered a backstop for other banks. Signature Bank was closed. But bank stocks kept tumbling.