The Latest Breaking News from Silicon Valley Bank

Democratic U.S. Sen. Elizabeth Warren thinks she knows who to blame for the collapse of Silicon Valley Bank, and the financial fallout that followed.

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…

Back in 2017, when Congress and the Trump administration were pushing a bill to weaken hard-fought banking regulations, we warned that they were playing with fire. Barely a decade had passed since the 2007-2008 economic meltdown. Blatant abuses in the financial industry had more than merited the tough banking regulations…

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

Shares have advanced in Asia, tracking a rally on Wall Street after a group of big banks offered a lifeline to First Republic Bank, the lender investors had focused on in their hunt for troubles in the banking industry

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?

The uninsured deposits from 11 big banks into First Republic Bank are seen as a vote of confidence in the San Francisco-based firm with $176.4 billion in deposits.

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

EDITORS/NEWS DIRECTORS:

The report sheds light on banks' demand for short-term cash in the early days of the fallout from the Silicon Valley Bank crisis.