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Silicon Valley Bank Collapse

Tracking the fallout of the first bank failure since 2020.

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Banks in Turmoil

Who's responsible for paying the failed banks’ depositors?

by Stephanie Hughes
Mar 14, 2023
The money’s coming from a fund run by the FDIC that derives most of its revenue from banks.
The Federal Deposit Insurance Corporation, which insures bank deposits, said it will shoulder the load of covering deposits at the failed Silicon Valley and Signature banks.
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Marketplace Morning Report

Who will pay the bill for these bank failures?

Mar 14, 2023
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Marketplace Morning Report

HSBC boss after SVB acquisition: You can bank on us

Mar 14, 2023
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Marketplace Tech

The SVB-sized hole in Silicon Valley  

Mar 14, 2023
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Make Me Smart | Episode 879

Let the SVB blame game begin

Mar 13, 2023
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Banks in Turmoil

Regulators designated SVB and Signature Bank as systemic risks. But are they really?

by Lily Jamali
Mar 13, 2023
The collapsed banks were granted a "systemic risk exception," which means the Federal Deposit Insurance Corp. can guarantee uninsured deposits.
Though Silicon Valley Bank had assets of $209 billion, some economists question whether its failure presented "systemic risk" to the banking system or the economy.
Noah Berger/AFP via Getty Images
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Silicon Valley Bank Collapse

Bank rules rollback contributed to SVB's failure, critics say

by Kimberly Adams
Mar 13, 2023
The rollback of Dodd-Frank reforms exempted many of the country's largest banks from stricter regulations put in place after 2008.
Customers line up to retrieve funds from a Silicon Valley Bank in Santa Clara, California, on Monday. President Joe Biden partially blamed the rollback of Dodd-Frank banking regulations for SVB's failure.
Justin Sullivan/Getty Images
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Silicon Valley Bank Collapse

Banks will pay the cost of SVB's collapse, and maybe that's "how it should be"

by Kai Ryssdal and Sean McHenry
Mar 13, 2023
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.
The federal government announced it would ensure that depositors affected by Silicon Valley Bank's collapse would be made whole. "I'm really happy for them," said Laurie Stewart. "But here's the thing: we're gonna pay for it. Banks are going to pay for it."
Justin Sullivan/Getty Images
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Marketplace

Silicon Valley Bank collapsed … now what?

Mar 13, 2023
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Silicon Valley Bank Collapse

Bank failures add another dose of anxiety to uncertain economy

by Mitchell Hartman
Mar 13, 2023
Viral terms like "bank run" do not help when we're already looking at high prices, rising interest rates and big layoffs in tech.
People line up outside a Silicon Valley Bank office in Santa Clara, California, on Monday. Worries were stoked by widespread news of bank failures, and some people received alarming emails from vendors associated with SVB.
Justin Sullivan/Getty Images
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