The Latest Breaking News from Silicon Valley Bank

The financial expert calls the claims 'ridiculous.'

New York (AFP) - Fearful Twitter posts and anxious WhatsApp exchanges coupled with online banking ease are seen as helping power an internet-age run on a pair of now-collapsed American lending institutions.

Family social networking platform Life360 has access to its money at Silicon Valley Bank and expects to start growing its funds next quarter.

President Biden said the current law limits his administration's power to hold executives responsible when mid-sized banks fail due to mismanagement.

In the middle of a market panic that has felled two US banks and pushed several others to the brink, the European Central Bank (ECB) has raised interest rates by another 0.5 percentage points. The ECB’s president, Christine Lagarde, had been warning this was necessary to bring eurozone inflation back…

Silicon Valley Bank and Signature Bank were both taken over by the FDIC in the last week.

Yuga Labs builds upon Dookey Dash with a new collection, a virtual Irish pub opens in The Sandbox, and Silicon Valley Bank takes a toll on NFT traders.

Founders Fund, founded by the investor Peter Thiel, is accused of having accelerated the depositor run that brought down Silicon Valley Bank.

Do credit unions offer more protection than banks?

Was it the result of Trump-era regulation rollbacks, risk mismanagement at the bank, sharp interest rate rises – or a combination of all three?

SVB Financial Group files for chapter 11 protection but failed Silicon Valley Bank, now under FDIC control, is not part of bankruptcy