The Latest Breaking News from Signature Bank

After Friday’s collapse of Silicon Valley Bank, big bankers are again looking to Washington with outstretched hands. We should be skeptical.

It was a scene straight out of the Great Depression: a major California bank locking its doors and pulling down the shades as a horde of panicky depositors demanded their money.

Seventy-two hours after the stunning failure of Silicon Valley Bank, federal action means Seattle-area tech and wine industry companies can have access to millions of dollars frozen in SVB accounts.

Signature Bank was seized by the government Sunday after regulators lost faith in management and depositors fled, according to New York officials.

The US Federal Reserve faces a tricky balancing act, as it tries to navigate high inflation and instability in the banking sector. Alexander Yokum, of CFRA Research, says the collapse of Silicon Valley Bank and Signature Bank could affect the Fed's next interest rate decision, despite a 6 percent jump…

The collapse of three US banks in less than a week has sent shockwaves through the financial industry, with global stocks plunging and public confidence shaken.

It's never a good sign when "bank collapse" is trending on Twitter.

“We need to learn something from that and take actions based upon the lessons learned," Alecta CEO Magnus Billing told Bloomberg on Tuesday.

The failure of the crypto-friendly bank has spurred rampant speculation.

Rep. Barney Frank pushed to water down Dodd-Frank law after getting $1 million from bank that collapsed

The Thai stock exchange fell more than 3%, almost 50 points, on Tuesday in tandem with most Asian stock markets due to fears of contagion effects from the collapse of US banks.