The Latest Breaking News from Silicon Valley Bank

Treasury Secretary Janet Yellen is trying project calm after recent regional bank failures in California and New York

The stress tests themselves weren't predictive of what the banks would face.

A handful of red-state Democrats were instrumental in helping Republicans secure a rollback of banking regulations sought by then-President Donald Trump in 2018

“What the Fed saw as the big potential threats didn’t materialize, and the threat that did materialize they didn’t see coming,” says Thomas Hogan, a senior fellow at the American Institute for Economic Research.

The size of deposits covered by federal bank rescues has lawmakers talking about the discipline of a cap on deposit insurance.

The US bank may need to raise more funds despite a $30bn rescue last week

Silicon Valley Bank's collapse underscores the importance of a payroll continuity plan for startups.

The banking sector is currently experiencing great strain, which has resulted in several bank bailouts – most recently UBS’ deal to buy its Swiss competitor Credit Suisse following a collapse in confidence in the latter. HSBC’s acquisition of the UK arm of the collapsed Silicon Valley Bank the previous week…

Collapse of Silicon Valley Bank sparks collapse of confidence in markets