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Turmoil continued to engulf shares in banks as investors rushed to reduce exposure to the banking industry after seeing equity stakes wiped out at Silicon Valley Bank and Signature Bank.

The events will add to pressure on UK and US central banks to ease up on raising interest rates, some experts have suggested

A weekend of high political drama ends in a rescue deal that leaves fast-growing sector safe in the City

Fifty Republican and 17 Democratic senators voted to reduce regulations on the bank

The failure of Silicon Valley Bank is prompting all investors to ask themselves the question: Is my money safe? And if you don't know, now's the time to look.

If a bailout doesn't cost anything, is it really a bailout?

'We hope that the upturn across Scotland will continue in the coming months'

Collapse of Silicon Valley Bank (SVB) marks biggest US bank failure since Washington Mutual during 2008 financial crisis

Australian markets slid on Monday as the fallout from the collapse of California-based Silicon Valley Bank (SVB) reverberated globally.

Governments in the UK and US took extraordinary steps to stop a potential banking crisis after the historic failure of Silicon Valley Bank, even as another major bank was shut down. The UK Treasury and the Bank of England announced early Monday that they had facilitated the sale of Silicon…

While the Biden administration has no intentions of bailing out the bank, it has introduced emergency measures to protect the US economy and give bank clients access to their funds