The Latest Breaking News from Silicon Valley Bank

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…

Paris (AFP) - After three US regional lenders collapsed and UBS swooped to buyout troubled Credit Suisse to avoid a wider crisis, AFP looks back at the last two weeks of banking turbulence:

Just weeks ago, they were bit players in the giant U.S. banking system. Now, a handful of regional lenders are at the heart of a crisis that’s shaken the country and engaged the likes of Warren Buffett and Jamie Dimon.

The Federal Reserve faces a pivotal decision on March 22, 2023: whether to continue its aggressive fight against inflation or put it on hold.

The 40 branches of Signature Bank were acquired by a subsidiary of New York Community Bancorp on March 19.

The U.S. response to Silicon Valley Bank’s failure can offer valuable insights to China’s banking industry, an economist says

In the hours before regulators expanded FDIC insurance, Coinbase and Circle came up with a backstop plan of their own.

As it stands, things are murky: The cap exists, but it could be waived for banks that seem important enough