The Latest Breaking News from SVB

The CEO of hedge fund Citadel said that backing Silicon Valley Bank's deposits in full was a "loss of financial discipline."

President Biden urged calm as markets roiled over the collapse of Silicon Valley Bank. After the FDIC takeover, customers of the bank have full access to their deposits.

The financial sector in Kuwait announced that it had registered limited exposure to the collapse of Silicon Valley Bank. The Central Bank of Kuwait (CBK) affirmed on Sunday that the exposure of Kuwaiti banks to Silicon Valley Bank (SVB), following the closure of the bank by the US authorities, was…

Shares in First Republic, Western Allliance, PacWest and Zions are all rallying after Monday’s selloff; US inflation drops to 6%

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

Economists see Lehman Brothers-style crisis as unlikely despite jitters following collapse of California-based lender.

SVB Financial named a restructuring committee to seek out alternatives for its non-banking units.

For decades, the dominant mantra of Silicon Valley's powerful has been that government is just a drag on their innovative spirit. Get regulators off our backs, they've argued, and we'll improve people's lives to an indescribable degree.

Each side is seizing on the themes already animating their economic message heading into 2024.

Right-wing media and GOP officials falsely turn to catch-all boogeyman after historic financial failure

The tech world typically resists government regulation, but Silicon Valley Bank's collapse led some to push for government intervention.