First Citizens — taking on Silicon Valley Bank assets of $110 billion, deposits of $56 billion and loans of $72 billion — said 17 former Silicon Valley Bank branches would start operating ...

A group of billionaires led by Peter Thiel plans to launch Erebor, a new bank serving startups and crypto firms, aiming to ...

To quickly revisit this whole mess, Silicon Valley Bank lost $1.8 billion in the sale of U.S. treasuries and mortgage-backed securities that it had invested in, owing to rising interest rates.

Shares of Silicon Valley Bank’s parent company, SVB Financial Group, nosedived by 60% on Thursday evening, wiping out more than $80 billion from its market capitalization.

The collapse of the Silicon Valley Bank, a key lender to US startups since the 1980s, has sent shockwaves in global markets. It is not only the largest bank failure since 2008, but also the second ...

Citizen Bank: Why so many are closing as Signature Bank, Silicon Valley Bank and more go ... with the FDIC saying customers are still able to use cheques and ATM or Debit cards.

Democratic lawmakers sent letters to 14 of the largest depositors at Silicon Valley Bank, seeking details about the lender’s “unusually cozy” relationships with its well-heeled clients.

Silicon Valley Bank’s four-decade run as the tech world’s preferred lender came to sudden end Friday after the feds shut down the embattled firm due to liquidity fears. Founded in 1983, the ...

Silicon Valley Bank was shut down by regulators on Friday, March 10, in the largest bank failure since 2008. It appears that asset-liability mismatch was behind the bank’s problems.

If you’re looking for reasons for the failure of Silicon Valley Bank, which was taken over by the FDIC last Friday after one of the biggest bank runs in U.S. history, one obvious culprit is the ...

Silicon Valley Bank (SVB), the 16th-largest U.S. bank with $210 billion in assets, was seized by California regulators on Friday after depositors rushed to withdraw funds over concerns the bank ...