The Latest Breaking News from Silicon Valley Bank

Treasury Secretary Janet L. Yellen told senators on Thursday that the banking system remains sound despite Silicon Valley Bank's collapse.

The Asian and Australian stock markets fell following the panic

Treasury Secretary appears before the Senate Finance Committee a week after the second-largest bank collapse in the nation’s history

U.S. regulators’ swift reaction to the collapse of Silicon Valley Bank and two other lenders partially restored calm to markets, but concerns remain over the stability of the global financial system.

Shares of the Swiss banking giant rallied significantly Thursday after Switzerland's central bank agreed to lend it $54 billion.

Treasury Secretary Janet Yellen says the U.S. banking system remains sound

Manuel Paez Terán’s family say other state agencies have also failed to release information about activist’s death. Plus, how the first Twitter-fuelled bank run played out

The collapse of the California-based Silicon Valley Bank (SVB) dominated most sessions and workshops of the Financial Sector Conference in Riyadh. The repercussions of SVB’s recent bankruptcy caused shock and confusion worldwide, especially for economies that fear that the crisis will spillover to their financial institutions. Saudi Minister of Finance…

Concerns about the world's banks are casting a shadow over the European Central Bank's meeting