The Latest Breaking News from Silicon Valley Bank

The market still appears to be hunting for weakness among some smaller U.S. banks and even across Europe after U.S. authorities stepped in to guarantee deposits at Silicon Valley Bank. This makes little sense: There should be no snowballing of runs on banks. But profit expectations could be trimmed at…

WASHINGTON — President Joe Biden said Monday that the U.S. banking system is “safe and secure” following the failure of Silicon Valley Bank and closure of Signature Bank last week.

U.S. regulators have unveiled an emergency plan to guarantee the deposits of two banks that they closed within 48 hours.

Collapse of Silicon Valley Bank sparks memories of 2007/8 global financial crisis

The 11th-hour sale was agreed after all-night talks between the Government and the Bank of England.

President Joe Biden on Monday moved to assure the public after the swift and stunning collapse of two banks that prompted fears of a broader upheaval.

Stock markets fail to be reassured by Joe Biden’s intervention, as SVB failure is followed by Signature

Startups, venture capitalists and investors from Europe to Asia tried to size up the wider fallout from the SVB Bank collapse.

WASHINGTON — President Joe Biden on Monday blamed the collapse of Silicon Valley Bank and closure of Signature Bank on former President Trump’s 2018 decision to scrap some Obama-era banking regulations.