The Latest Breaking News from SVB

Walking through Roku City on Sunday afternoon, you'd hardly know the namesake company was having an unusually stressful weekend.

SVB Capital blasted a letter, seen by Fortune, to its limited partners via email Monday morning, saying it was “continuing to operate” following the closure of the bank.

Shares of Asian banks tanked yesterday as stock markets closed mixed as investors considered US regulators' actions to backstop both financial institutions and deposits following the collapse of Silicon Valley Bank (SVB) could stem further broader risks.

SVB’s collapse is dangerous to a stable financial system, and a blueprint of what banking should not do.

SVB’s failure was the biggest bank collapse since Washington Mutual Bank in 2008.

Silicon Valley Bank and Signature Bank failed with enormous speed – so quickly that they could be textbook cases of classic bank runs, in which too many depositors withdraw their funds from a bank at the same time. The failures at SVB and Signature were two of the three biggest…

For those with plenty of liquid assets, knowing how FDIC insurance works can save potential headaches down the line.

Bank failure reaches far beyond ‘coastal-tech-elite’

A small army worked through the weekend to ensure 3,500 UK customers – largely tech firms – still had cash on Monday