Silicon Valley Bank Collapse
Tracking the fallout of the first bank failure since 2020.
From This Collection
Who's responsible for paying the failed banks’ depositors?
The money’s coming from a fund run by the FDIC that derives most of its revenue from banks.
Regulators designated SVB and Signature Bank as systemic risks. But are they really?
The collapsed banks were granted a "systemic risk exception," which means the Federal Deposit Insurance Corp. can guarantee uninsured deposits.
Bank rules rollback contributed to SVB's failure, critics say
The rollback of Dodd-Frank reforms exempted many of the country's largest banks from stricter regulations put in place after 2008.
Banks will pay the cost of SVB's collapse, and maybe that's "how it should be"
As the government moved to backstop depositors affected by the collapse of Silicon Valley Bank and Signature Bank, surviving banks will end up footing the costs, says Laurie Stewart at Sound Community Bank in Seattle.
Bank failures add another dose of anxiety to uncertain economy
Viral terms like "bank run" do not help when we're already looking at high prices, rising interest rates and big layoffs in tech.