We will be live-updating this story as new developments emerge.
The latest
Friday, March 17, 2023
The Washington Post reports that regulators may have dropped the ball on SVB’s collapse.
Thursday, March 16, 2023
A consortium of lenders saved First Republic Bank.
Tuesday, March 14, 2023
Earlier today, newly appointed CEO Tim Mayopoulus sent an email to customers assuring the bank was doing everything to “rebuild, win back confidence, and continue supporting the innovation economy.”
The Department of Justice announced they are formally investigating the Silicon Valley Bank collapse.
Monday, March 13, 2023
The story has moved quickly, as The Federal Reserve announced that it is creating a new lending facility for the nation’s banks to buttress against financial risks from the collapse of Silicon Valley Bank.
Sunday, March 12, 2023
As of Sunday, March 12 at 4:30 p.m., the lead angle to this story is the Washington Post exclusive on a potential plan for regulators to guarantee all deposits at SVB.
Bitcoin reaps benefit of bank collapses.
Top banks shed another $57 billion in value.
PBS News Hour interviewed Democratic Rep. Zoe Lofgren on banking regulations, and border security.
The Washington Post looks at what banks are in trouble and why.
Biden has asked Congress for more authority to punish bank executives.
Despite the First Republic rescue, banks were hammered in early trading Friday.
Regulators were getting raked for not acting sooner with SVB.
Dick Bove says the bank crisis is now over.
The Washington Post's take on the story.
The Wall Street Journal on the First Republic story.
