The Latest Breaking News from Silicon Valley Bank

Regulators are searching for a solution to First Republic Bank’s woes, hoping to find a way forward before U.S. stock markets open Monday

Shares have advanced in Tokyo and Sydney while most Asian markets were closed for May 1 holidays

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.

Silicon Valley Bank failed due to a combination of extremely poor bank management, weakened regulations and lax government supervision, the Federal Reserve said Friday

The proposals come in an internal review that found looser rules were a key culprit behind Silicon Valley Bank's collapse.

Recent bank failures may have you worried about your money