The Latest Breaking News from FDIC

Treasury Secretary rules out politically sensitive scenario of bailing out California bank with taxpayers' money.

The FDIC is paying customers of Silicon Valley Bank an advance dividend this week, but the amount is unknown.

The bank of startups became on March 10 the second-largest failure in U.S. history, after a run on the bank.

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.

U.S. regulators overseeing the emergency breakup of SVB Financial Group are racing to sell assets and make a portion of clients’ uninsured deposits available as soon as Monday, according to people with knowledge of the situation.