Regional banks 'reasonably stable' but regulators need to provide 'more clarity': former FDIC chair
Former FDIC Chair Sheila Bair said regional banks appear to be stable overall but urged regulators to provide more clarity about the reasoning behind their actions.
Silicon Valley Bank hit with class action lawsuit from shareholders
A class action lawsuit has been filed against collapsed Silicon Valley Bank, its CEO and CFO on Monday, accusing the plaintiffs of violating securities laws.
Silicon Valley Bank collapse rocks start-up community
The downfall of Silicon Valley Bank sent shock waves through the start-up ecosystem, and some founders fear the effects could be far-reaching in the community.
GM scouts ways to integrate AI ChatGPT into 'everything': report
General Motors is reportedly looking into ways to integrate the artificial intelligence bot ChatGPT into its vehicles as Microsoft continues to invest in the product.
Silicon Valley Bank: Fed says Vice Chair for Supervision to review what led to collapse
The Federal Reserve Board says Vice Chair for Supervision Michael S. Barr will lead a review of the supervision and regulation of Silicon Valley Bank.
Silicon Valley Bank items hit eBay days after collapse
Days after Silicon Valley Bank, the 16th largest bank in the U.S. collapsed, several listings appeared on eBay for what sellers are calling "authentic" corporate swag.
KPMG Gave SVB, Signature Bank clean bill of health weeks before collapse
KPMG audited Silicon Valley Bank and Signature Bank and gave both financial institutions clean bills of health just days before regulators shuttered both financial institutions
SVB failure throws Fed rate-hike decision next week into uncertainty
Fallout from the Silicon Valley Bank collapse last week could affect the Federal Reserve's interest-rate hike decision at its two-day meeting next week.
Charles Schwab shares trim losses as CFO defends firm
Charles Schwab's chief financial officer moved to reassure investors as the stock tumbled in the wake of Silicon Valley Bank's implosion and amid possible contagion fears.
Investor who called Lehman collapse predicts the next big bank failure
Robert Kiyosaki, who originally forecasted the Lehman 2008 crisis, predicts the next bank to collapse in the Silicon Valley Bank contagion will be Credit Suisse.
Good News: Student loan refinance interest rates edge down for 5-year loans
The latest trends in interest rates for student loan refinancing from the Credible marketplace, updated weekly.
Personal loan interest rates tumble below 15% for 5-year fixed-rate loans
The latest trends in interest rates for personal loans from the Credible marketplace, updated weekly.
Rent growth had smallest gain in two years: Redfin
The median U.S. asking rent rose to a mere 1.7% annually in February, which was the smallest gain in nearly two years, according to Redfin.
Housing seeing signs Fed will engineer a 'soft landing': Ara Hovnanian
Hovnanian Enterprises chairman and CEO Ara Hovnanian discusses the challenges facing homebuyers and the impact of the Fed on the U.S. housing market.
First Republic shares plunge on SVB contagion fears
First Republic Bank and other regional banks saw steep losses on Monday after the collapse of Silicon Valley Bank raised fears about the financial system.
Savings window opens: Today's 30-year mortgage rates fall to lowest levels in 26 days | March 13, 2023
Check out the mortgage rates for March 13, 2023, which are down from last Friday.
SVB collapse shares 'bloodcurdling' similarity to Lehman collapse: Expert
The Federal Reserve incentivized bad behavior and "bloodcurdling irresponsibility" that enabled Silicon Valley Bank's collapse, according to The Bear Traps Report's Larry McDonald.
Bitcoin spikes amid Silicon Valley Bank collapse
Cryptocurrency got a boost of $70 billion and topped $1 trillion on Monday amid the downfall of Silicon Valley Bank, with Bitcoin alone spiking 10%.
US, UK governments sell Silicon Valley Bank subsidiary following historic collapse
The U.S. and UK governments coordinated the sale of a Silicon Valley Bank subsidiary just days after the Santa Clara, California-based bank failed on Friday.
Goldman Sachs economist 'no longer' expects March rate hike in wake of Silicon Valley Bank collapse
Goldman Sachs economist Jan Hatzius said his company no longer expects a Fed rate hike later this month as the federal government announced actions to help stabilize banks.