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Peers not lining up to buy Silicon Valley Bank's problems. Neither are the giants.

Mar 15, 2023
SVB has a "$15 billion hole," says Semafor’s Liz Hoffman. Banks big enough to take on the challenge were initially not invited to bid.
"I don't think there's a lot of appetite for big-bank CEOs" to acquire the failed SVB, Semafor's Liz Hoffman says.
Justin Sullivan/Getty Images

Regional banks rush to reassure customers after SVB failure

Mar 15, 2023
They're letting depositors know that their money is safe and highlighting differences between their banks and the ones that failed.
Above, people line up to try to retrieve funds at a Silicon Valley Bank branch on March 13. That anxiety has spilled over to customers who use other regional banks.
Justin Sullivan/Getty Images

Regional banks under scrutiny: What makes them different?

Mar 15, 2023
The failure of Silicon Valley Bank and Signature Bank has put a spotlight on the stability of regional banks.
First Republic Bank, which has locations in eight states, is among the midsize banks that ratings agency Moody’s is reviewing for a possible downgrade.
Patrick T. Fallon/AFP via Getty Images

Mortgage rates dip following bank collapse

Mar 15, 2023
The last few days have been particularly unstable for mortgage rates, which were already volatile amid recent interest rate hikes.
Mortgage rates took a dive after the closure of Silicon Valley Bank and Signature Bank, marking a period of volatility tied to people's unease about the financial sector.
Joe Raedle/Getty Images

For public good, not for profit.

Financial meltdowns often spur changes to financial regulation. So where do we go from here?

Mar 14, 2023
Regulators didn't catch Silicon Valley Bank before it failed. What can they do to catch others?
The Federal Reserve Board announced yesterday that it’s going to review what happened with the Silicon Valley Bank closure. Time will tell if more regulations will be placed upon larger banks like SVB and if banks themselves will take a closer look at their own risk committees.
Alex Wong/Getty Images

Former Fed official who oversaw reforms sees "deep irony" after bank collapse

"We've just seen an uptick in moral hazard," Daniel Tarullo says of the U.S. government covering uninsured deposits.
"One of those pillars of Dodd-Frank — which is to let banks fail and people will have the right incentives — we just can't rely on that," said former Fed Governor Daniel Tarullo, seen above in 2014.
Win McNamee/Getty Images

Federal bank regulators are getting most of the attention, but states oversee banks too

Mar 14, 2023
The feds didn’t take possession of Silicon Valley Bank and Signature Bank. That was up to state regulators in California and New York.
Signature Bank and Silicon Valley Bank were state chartered, which is why state regulators stepped in first.
Spencer Platt/Getty Images