The Latest Breaking News from Silicon Valley Bank

High levels of uninsured deposits helped do in Silicon Valley Bank and Signature Bank. But it turns out they're not alone.

Sources familiar with the matter say former Silicon Valley Bank customers are looking to put their money in the safest institution possible.

The ratio that made it more vulnerable to a run.

The right is claiming that political correctness – not capitalism – caused this financial catastrophe. Really?

Mike Pence and Bernie Sanders are hardly political allies

After a disastrous derailment in East Palestine, Ohio on February 3, the US state's attorney general has filed a lawsuit against the Norfolk Southern rail company, saying it prioritises profits over people. The state is seeking to hold the railroad financially accountable for the accident. Also in this edition, media…

Demise of Silicon Valley Bank has rattled not just businesses and investors but the ecosystem that grew up around it

The tech investor argued that problems in traditional banking hurt cryptocurrencies, not the other way around.

Before Thursday, Silicon Valley Bank was regarded as being in “sound financial condition.” But on that day it experienced attempted withdrawals of $42 billion, about a third of its U.S. deposits. By close of business, the run on the bank made it incapable of paying its obligations as they came…