The Latest Breaking News from SVB

Kuwait's central bank said on Sunday there would be very little impact on local lenders from the collapse on Friday of Silicon Valley Bank (SVB). The Kuwaiti central bank governor said that the exposure of the local banks to SVB was very limited and that the banks assured him that…

Announcement comes as Signature Bank was closed on Sunday by regulators – the second to fail in a week

The government is seeking to line up Barclays to take over the UK unit of Silicon Valley Bank (SVB) in a bid to rescue it from liquidation, the Standard has learned.

Corporate America just got a stark reminder that none of their deposits are insured above $250,000 by the Federal Deposit Insurance Corporation (FDIC).

How can a bank run happen in 2023? Why didn’t anyone step in to save SVB? And who is at risk now?

Government ‘working at pace’ to limit damage, says chancellor

U.S. regulators overseeing the emergency breakup of SVB Financial Group are racing to sell assets and make a portion of clients’ uninsured deposits available as soon as Monday, according to people with knowledge of the situation.

It's entrepreneurs and their employees and vendors who are "feeling the pain," Cuban said.

The FDIC emailed SVB employees late last night, offering 45 days of employment.

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

Musk is watching the Silicon Valley Bank failure with interest as he works to enable payments on Twitter.