The Latest Breaking News from SVB

The CFO and board "failed to adequately protect shareholder value," says a former bank examiner for the Federal Reserve.

President Biden urged Congress to tighten regulations on the banking sector and criticized a bipartisan 2018 easing of capital rules.

Analysts say US Federal Reserve will probably reject further increase in borrowing costs next week

Stocks move lower as SVB collapse rattles global markets; Week Ahead: inflation, retail sales hurdles before Fed rate decision; SVB equity, bond investors wiped out, depositors backstopped; Regional bank stocks tumbles despite Fed lending support and Eclectic hit 'Everything Everywhere All At Once' dominates Oscars.

The US Treasury, Federal Reserve and Federal Deposit Insurance Corporation have unveiled a plan meant to stem any contagion from Silicon Valley Bank's (SVB) failure on Friday. The Federal Reserve will provide an emergency lending facility that will ensure all of the bank's depositors are repaid in full. Elsewhere, the…

The bankruptcies of US banks Silicon Valley Bank (SVB) and Signature do not pose a danger to French financial institutions, Finance Minister Bruno Le Maire said Monday as authorities in the US and UK took extraordinary steps to stop a potential banking crisis.

‘These companies were on the precipice. If SVB had gone insolvent it would have been utter chaos.’

FTSE 100’s top tier fell nearly 2% in morning trading on Monday

Chancellor Jeremy Hunt has confirmed that all customer deposits have been protected under the deal, and that no taxpayer cash was involved