The Latest Breaking News from FDIC

Regulators who have ruled out a bailout are looking to find money for depositors before markets open on Monday.

WASHINGTON — U.S. regulators are racing against the clock to find solutions for failed Silicon Valley Bank while Treasury Secretary Janet Yellen said officials are focusing on protecting depositors, as officials seek to avoid a wider bank run.

Can Washington come to the rescue of Silicon Valley Bank's depositors

Announcement comes as Signature Bank was closed on Sunday by regulators – the second to fail in a week

Corporate America just got a stark reminder that none of their deposits are insured above $250,000 by the Federal Deposit Insurance Corporation (FDIC).

How can a bank run happen in 2023? Why didn’t anyone step in to save SVB? And who is at risk now?

Regulators rushed Friday to seize the assets of one of Silicon Valley's top banks, marking the largest failure of a US financial institution since the height of the financial crisis almost 15 years ago. Silicon Valley Bank, the nation’s 16th-largest bank, failed after depositors hurried to withdraw money this week…

The number of companies and investors who had accounts at Silicon Valley continue to be revealed.

The hedge fund manager says that it is likely that Silicon Valley depositors will have access to around 50% of their funds on Monday, but the remaining 50% will not be available for 3-6 months.