Silicon Valley Bank

Leaders of the Senate’s banking committee are looking into the collapse of Silicon Valley Bank and Signature Bank and have told the ex-CEOs that they expect them to testify

The Fed warned that the financial upheaval stemming from the collapse of two major banks is ‘likely to result in tighter credit conditions’ and ‘weigh on economic activity, hiring and inflation’

Investors who held bonds known as CoCos were wiped out in the sale to UBS, triggering fears that banks will find it harder to borrow and in turn tighten credit

Most analysts expect a rise of 25 basis points to reach 4.75%-5% despite the turmoil triggered by the collapse of Silicon Valley Bank

The investors who lost millions after two large US banks failed included public-sector pension funds responsible for ensuring the retirements of teachers and other government workers

She added that additional rescue arrangements ‘could be warranted’ if any new failures at smaller institutions pose a risk to financial stability

A handful of red-state Democrats were instrumental in helping Republicans secure a rollback of banking regulations sought by then-President Donald Trump in 2018

The bank received a $30 billion rescue package from 11 of the biggest U.S. banks last week in an effort to prevent its collapse

Fears remain that other banks have misjudged the risk to their finances from rising interest rates, as Silicon Valley did

The fall of SVB has caused multi-billion dollar losses around the world and will weigh on the economy, but experts believe that authorities can contain the damage

The 40 branches of Signature Bank will become Flagstar Bank, starting Monday

Industry experts predict it could become even harder for people of color to secure funding or a financial home supporting their startups

How is the response being paid for? Will Americans end up footing the bill for bank failures? Is this a bailout?

The anxiety this week centered on First Republic Bank in San Francisco, which was once the envy of the banking sector, with its wealthy and well-traveled clientele

The measures requested by the president include clawing back compensation and making it easier to bar failed bank executives from working in the industry

SVB Financial Group, which ran Silicon Valley Bank up until it was seized last Friday, is filing for Chapter 11 bankruptcy protection

There were few outward signs that Signature Bank was crumbling before the New York Department of Financial Services on Sunday seized the bank’s assets

Nearly half the money went to holding companies for two major banks that failed over the past week, Silicon Valley Bank and Signature Bank

The effort seeks to stop the California-based bank from becoming the third bank to fail in less than a week. Shares of First Republic had fallen sharply this week, dropping 60% on Monday alone

Technology companies in the region will find it harder to get financial services and raise capital after the demise of the niche bank

The CEO of the world’s largest fund management firm thinks it’s too early to tell whether ‘the consequences of easy money and regulatory changes will cascade throughout the US regional banking sector’

The search for causes and culprits for the Silicon Valley Bank failure is refocusing attention on a 2018 federal law that rolled back tough bank regulations put in place after the 2008 financial crisis

Yellen is the first Biden administration official to face lawmakers over the decision to protect uninsured money at two failed regional banks in California and New York

Credit Suisse said Thursday that it would exercise an option to borrow up to 50 billion francs ($53.7 billion) from the Swiss National Bank

Following the Credit Suisse crisis, analysts are divided on whether the central bank will follow through on plans to raise rates by 0.5 points or reduce it to 0.25