The Latest Breaking News from Silicon Valley Bank

FDIC sweep programs, money market funds, Treasuries and more could be alternative places to stash cash instead of keeping it in the bank.

The bank's been on shaky ground since the failure of Silicon Valley Bank.

Regulators continued their search for a solution to First Republic Bank’s woes over the weekend before stock markets were set to open Monday

The San-Francisco, California-based bank is rocked by a crisis of confidence that threatens its survival, unless there is a last-minute bailout.

The US Federal Deposit Insurance Corporation is reportedly preparing to place First Republic Bank under receivership, which would make it the third US bank to collapse this year.

The Federal Reserve admitted it should have taken more action before Silicon Valley Bank collapsed on March 10.

First Republic Bank became the second-biggest bank failure in U.S. history after the lender was seized by the Federal Deposit Insurance Corp. and sold to JPMorgan Chase on May 1, 2023. First Republic is the latest victim of the panic that has roiled small and midsize banks since the failure…

Washington (AFP) - The US Federal Reserve called for greater banking oversight while admitting to its own failures in a widely-anticipated report published Friday into the collapse of Silicon Valley Bank (SVB) last month.

Signature Bank's collapse in March was the third largest one in U.S. history and its management should have been"more measured in its growth," the FDIC said.