Tag: Silicon Valley Bank collapse

Chairman of Berkshire Hathaway Warren Buffet stated on Saturday that it would have been "catastrophic" to allow depositors in Silicon Valley Bank to lose their money after U.S. regulators took over the bank following its collapse. In response to the bank's failure in early March,...

The detailed minutes from the Federal Reserve's latest policy meeting are expected to show how close the central bank came to pausing interest rate rises following the failures of Silicon Valley Bank and Signature Bank. The March meeting's minutes are expected to be released...

Financial Market Advisory, a unit of BlackRock, has been retained by the Federal Deposit Insurance Corporation (FDIC) to sell the securities portfolios that the FDIC kept in receivership following the collapse of Silicon Valley Bank and Signature Bank. According to a statement made by the regulator...

Former Bank of England Governor Mark Carney suggested on Tuesday that banking rules introduced over the past decade need to be restructured in order to accommodate the speed at which cash can exit a lender in today's times. Carney's comments came in response to the...

China's central bank is calling for the acceleration of the Financial Stability Law legislation by the government of the People's Republic of China. Three officials from the central bank confirmed this in China Finance; a publication linked to the central bank. According to these...

U.S. stock futures rose on Wednesday morning as fears concerning the ongoing banking crisis continue to subside. Investor confidence in the banking sector has been partially restored in recent days following the U.S. regulator-backed acquisition of the failed Silicon Valley Bank. S&P 500 e-minis were...