The Fed official, Michael Barr, the nation's top banking regulator, said during a Senate Banking Committee hearing that the Fed is considering whether stronger bank rules are needed to prevent a similar bank failure in the...
Soon after the SVB collapsed, another bank based out of New York, the Signature Bank also collapsed, leaving many to wonder about what exactly was happening in the banking space
SVB Financial Group is no longer affiliated with Silicon Valley Bank after its seizure by the Federal Deposit Insurance Corp
On Sunday, Signature Bank was shut by the state regulators making it the third largest failure in U.S. banking history