SVB's dramatic collapse Friday has plunged the US banking sector into turmoil. The California bank held $209 billion in assets when it failed, according to the FDIC. Here's how the implosions of ...

That means customers will be able to access their insured deposits as well as their uninsured deposits from the “bridge bank” that the FDIC created for SVB deposits and the one it created for ...

When the federal government announced it would guarantee all accounts at Silicon Valley Bank and Signature Bank after they became the second- and third-largest bank failures in U.S. history, it ...

That's because many of SVB customers' deposits were insured by the Federal Deposit Insurance Corporation (FDIC), unlike FTX customers who haven't been able to access money in their accounts since ...

Just 6% of money on domestic deposit at SVB was protected by FDIC insurance as of Dec. 31 ... deposit banks with branches are in the chart below. "SVB was unusual in its heavy reliance on ...

After SVB failed last Friday, the FDIC took over the bank to protect its depositors. Worries among depositors grew because the vast majority of FDIC’s deposits were above $250,000 and uninsured ...

the California bank subsidiary of SVB Financial Group (NASDAQ:SIVB), was closed on Friday by the Federal Deposit Insurance Corp., marking the first FDIC-insured institution to fail this year and ...

Lawmakers and industry groups are pressing the FDIC and other federal banking regulators to spell out their plans for resolving the collapse of Silicon Valley Bank, whose demise last week ...

The US Federal Deposit Insurance Corporation offered Silicon Valley Bank employees 45 days of employment and 1.5 times their salary, reports say. An FDIC official did not comment on the details to ...

Bloomberg says that the U.S. Federal Deposit Insurance Corp. (FDIC), which stepped in and shut down SVB on Friday as it was experiencing an unprecedented run on funds by its clients, is hoping to ...