Banking

People with direct knowledge of the matter say banks that were previously open to working with crypto clients, including JPMorgan and Bank of America, are now turning away.

In total, investors and depositors initiated withdrawals equating to about $42 billion in deposits from the bank on Thursday alone, causing a run on the bank, according to a regulatory filing.

Silicon Valley Bank and Signature Bank donated primarily to Democrat candidates and groups over the past few years leading to their closure.

FOX Business' Stuart Varney discussed how President Biden might handle the U.S. banking crisis as the stock market tumbles and bank worries spread to Europe.

After the FDIC seized Silicon Valley Bank, some customers knew their money was insured, others were left hanging until regulators stepped in.

After predicting a high probability of a market crash within the next 60 days, The Bear Trap Report's Larry McDonald weighs in on "the beast" that will now force Fed action.

Top Democrats in Washington are rushing to give back or donate funds they received from Silicon Valley Bank and its leadership after the company collapsed last week.

Credit Suisse saw its stock sink to a record-low price level Tuesday in the morning, with shares for the bank subsequently being priced around $2.50 by afternoon.

Credit Suisse on Tuesday published its annual report for 2022 saying it identified "material weaknesses" in controls over financial reporting and not yet stemmed customer outflows.

Celebrity investor Kevin O'Leary claims federal regulators should have let Silicon Valley Bank fail rather than "panic" and change policy for the entire banking system.

Silicon Valley Bank sold its bond portfolio last week to Goldman Sachs, a move that reportedly set SVB failure in motion and caused depositors to flee.

Regulators were reportedly looking into Signature Bank prior to the firm being shutdown over the weekend.

Online records show Silicon Valley Bank invested heavily in groups related to the Black Lives Matter movement and other social justice causes in the years before its collapse.

Editor's Note:

The leading Democrat on the congressional Joint Economic Committee blamed regulatory rollback under former President Donald Trump for Silicon Valley Bank's collapse.

Regional bank shares rose sharply on Tuesday amid easing fears over a broader financial crisis triggered by the collapse of Silicon Valley Bank last week.

Moody's has changed its outlook on the U.S. banking system from "stable" to "negative," pointing to deposit runs on multiple institutions, including Silicon Valley Bank.

The Department of Justice and the Securities Exchange Commission are reportedly launching investigations into the collapse of Silicon Valley Bank and stock trades made by the bank's officers.

FOX Business' Stuart Varney argued President Biden is failing to lead the nation at a time when several crises have hit America all at once.

Moody's Investors Services placed six banks on review for downgrade after the sudden collapse of Silicon Valley Bank on Friday.