Banking

Some lawmakers say Congress should raise the FDIC's $250,000 per depositor cap on insured bank deposits following Silicon Valley Bank's (SVB) collapse. Experts are torn.

Credit Suisse accused of concealing over $700M from government amid rescue takeover from rival UBS and helping rich Americans evade taxes.

Swiss bank UBS has decided to bring back former CEO Sergio Ermotti to guide the takeover of Credit Suisse. He will take over for current chief executive Ralph Hamers.

Upheaval within the banking sector has raised the risk of a "credit crunch" in the U.S., which would make lending standards drastically more restrictive.

Customers who had crypto deposits at Signature Bank have been issued a deadline to close the accounts and move their money.

JPMorgan Chase CEO Jamie Dimon will reportedly be interviewed under oath in connection with the bank's relationship with Jeffrey Epstein.

BlackRock's global fixed income CIO Rick Rieder said on "The Claman Countdown" that the Federal Reserve will continue to raise interest rates before pausing to see if inflation abates.

The Federal Reserve has made it clear that a banking sector crisis will not force its hand on interest rate cuts in 2023, according to BlackRock analysts.

The collapse of Silicon Valley Bank appears to have been a perfect storm from failures of management, hyped up social media, risky liabilities and the speed of digital banking.

The FDIC announced on Monday that First Citizens Bancshares Inc. is acquiring large pieces of SVB more than two weeks after the lender’s collapse caused turmoil in the banking system.

Upheaval within the banking sector has raised the risk of a "credit crunch" in the U.S., which would make lending standards drastically more restrictive.

The Federal Deposit Insurance Corporation said the First–Citizens Bank & Trust Company has agreed to purchase Silicon Valley Bank and will insure all depositors up to federal limits.

First Citizens Bank is reportedly nearing a deal to acquire the failed Silicon Valley Bank through an auction held by the Federal Deposit Insurance Corporation.

Federal authorities are reportedly considering an expansion of the Federal Reserve's emergency lending program to help banks like First Republic Bank shore up their balance sheet.

Banking turmoil will be the focus of hearings in the coming week as investors monitor the future of firms including First Republic while also digesting home price and inflation data.

Sen. Mark Warner, D-Va., says he will receive thousands in campaign donations he received from the failed Silicon Valley Bank if there is evidence of malfeasance.

'Shark Tank' investor Kevin O'Leary joined 'Fox & Friends Weekend' on Sunday to weigh in on the role of regional banks and booming business in North Dakota.

Valley National Bank and First Citizens BancShares have reportedly submitted bids for the failed Silicon Valley Bank following it's collapse earlier this month.

Data compiled by Investment Company Institute shows market fund assets ballooned to $5.13 trillion for the week ending on Wednesday, March 22, amid the banking crisis.

The Financial Stability Oversight Council met on Friday morning amid continued fallout from a spate of bank failures and fears of a broader financial crisis.