The Latest Breaking News from Signature Bank

Washington (AFP) - The US Federal Reserve called for greater banking oversight while admitting to its own failures in a widely-anticipated report published Friday into the collapse of Silicon Valley Bank (SVB) last month.

The Federal Reserve and the FDIC are set to report Friday on their oversight of two failed banks. The banks' collapse six weeks ago rocked credit markets and raised the risk of recession.

Part of the job of the Federal Reserve (also known as the Fed) is to ensure stability throughout the economy so that its monetary policies can be effectively implemented. And sometimes, that means bailing out banks when they make bad investments. The Fed is often called the “lender of the…

Trading of First Republic Bank shares were halted multiple times today, as investors sold off shares, alarmed by financial disclosures from the bank.

First Republic’s stock closes down nearly 50 percent amid questions about San Francisco lender’s future.

Javice rushed to pull her funds out of Signature Bank after it was taken over by the FDIC in March.

Depositors at First Republic Bank pulled more than $100 billion in deposits out of the bank during last month’s crisis

Recent bank failures have unnerved savers, but your money is protected up to certain limits. Here’s what you need to know.

Even though things appear to have settled after SVB's collapse, that doesn’t mean all is clear. Consider options like healthcare and consumer staples instead.

What's the dirtiest word in financial policy?

Oaktree Capital Management’s Howard Marks says “the similarities between 2008 and 2023 are limited” and he isn’t worried about systemic risk.