The Latest Breaking News from Silicon Valley

US President Joe Biden says banking regulations must be bolstered amid fallout that has rocked global financial markets.

The Treasury, FDIC and Federal Reserve said clients of Silicon Valley Bank would be protected as the agencies sought to find a buyer and stop further bank runs.

Regulators rushed Friday to seize the assets of one of Silicon Valley's top banks, marking the largest failure of a US financial institution since the height of the financial crisis almost 15 years ago. Silicon Valley Bank, the nation’s 16th-largest bank, failed after depositors hurried to withdraw money this week…

It was called Silicon Valley Bank, but its collapse is causing shockwaves around the world

The fallout from the collapse of Silicon Valley Bank is beginning to spread around the world.

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

The tech ecosystem has been tossed into turmoil as , one of the nation’s largest banks for startups, collapsed Friday following a run on deposits. Now, with the bank’s assets frozen and under the control of the Federal Deposit Insurance Corporation, SVB’s customers, employees, and investors are grappling with a…

Industry leaders expected to call for state intervention to avoid failure of hundreds of UK firms

The financial institution best known for its relationships with high-flying world technology startups and venture capital, Silicon Valley Bank, experienced one of the oldest problems in banking — a bank run — which led to its failure on Friday