The Latest Breaking News from FDIC

What are bank runs and bank failures—and how common are they?

The Silicon Valley Bank failure is the second largest in US history. The bank had controlled more than $175 billion in total deposits.

USAFacts · Mar 14, 2023

Did deregulation lead to Silicon Valley Bank's collapse?

It was a scene straight out of the Great Depression: a major California bank locking its doors and pulling down the shades as a horde of panicky depositors demanded their money.

Los Angeles Times · Mar 14, 2023

Easing concerns about Silicon Valley collapse

The collapse of three US banks in less than a week has sent shockwaves through the financial industry, with global stocks plunging and public confidence shaken.

Bangkok Post · Mar 14, 2023

Size matters when it comes to bank failures

Two failures in one year isn't that unusual. It's the dollar amounts that are eye-popping.

Axios · Mar 14, 2023

SVB is getting diced up for potential buyers

Investment banking, venture capital and more are on the block, but senior management are out the door.

Fortune · Mar 14, 2023

Banks catering to specific niches were a disaster waiting to happen—and regulators haven't kept up with how tech is moving money

The nature of deposits and client behaviors have changed dramatically in the past decade, says a former bank examiner at the FDIC.

Fortune · Mar 14, 2023

Financial regulators are unprepared for bank runs in the age of social media

Monitoring volatility on social media platforms isn’t cumbersome or costly. Silicon Valley Bank's implosion shows regulators must change with the times.

Fortune · Mar 14, 2023

Inside Biden's SVB move to stop future bank runs

The decision to protect depositors carried some risks.

Axios · Mar 14, 2023

What to know about the Silicon Valley Bank collapse, takeover and fallout

President Biden urged calm as markets roiled over the collapse of Silicon Valley Bank. After the FDIC takeover, customers of the bank have full access to their deposits.

WEKU · Mar 14, 2023

Biden says banking system is safe, promises accountability for Silicon Valley Bank failure

WASHINGTON — “This is not 2008”: That was the mantra of Biden administration officials Monday as they sought to reassure investors and the public that a regulatory takeover of two failed banks and rescue of their depositors, along with newly implemented safeguards, would be enough to avert a broader crisis…

Los Angeles Times · Mar 14, 2023