The Latest Breaking News from SVB

City Voices: Ignore the “diversity distraction” talk

Banks have borrowed a total of $164.9 billion from the Federal Reserve in recent days in the wake of the Silicon Valley Bank collapse.

Last week, after hawkish testimony from Federal Reserve Chair Jerome Powell, markets penciled in a half-point increase in interest rates following the central bank’s next policy meeting. On Friday, the run on Silicon Valley Bank and subsequent fears of a wider crisis changed many investors’ minds. Some bet that the…

European and US banking shares fall, with Credit Suisse down 12% as sentiment remains fragile

In today’s newsletter: We’re far from financial crisis territory, but share crashes have caused some fright in the markets. This is why

First Republic is the fourth bank in a week to show signs of financial distress. What does this mean for Australian interest rates – and mortgages?

Thousands of techies came to South By Southwest at the same moment that their favorite bank was melting down. The mood was surprising.

In the wake of the bank’s crisis, venture capitalists have been trading accusations over who is responsible for the collapse

Though some consumers have pulled their money out of smaller banks, a Treasury official said those withdrawls have slowed