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SVB’s Loans to Insiders Tripled to $219 Million Before It Failed

As Silicon Valley Bank deteriorated late last year and regulators began internally flagging flaws in its risk management, the lender opened up the credit spigot to one group: insiders, Bloomberg News

SVB Financial Group Accuses FDIC of Cutting It Off from Cash

SVB Financial Group said on Tuesday the U.S. Federal Deposit Insurance Corporation had taken "improper actions" to cut it off from cash held at its former subsidiary Silicon Valley Bank, which was

First Republic Seeks New Ways to Escape Unrealized Losses

First Republic Bank's efforts to secure a capital infusion continued without success on Tuesday, as the troubled regional lender started to plan for the possibility it may need to downsize or get a

Regional Banks and Regulators Try to Soothe Depositors’ Fears

In the panic after Silicon Valley Bank collapsed in early March, some small and medium-size businesses yanked their money from regional banks and deposited it with the biggest ones, seeking the

FTX’s LedgerX Attracts Bids From Firms Including Miami Exchange

FTX has attracted bidders including Miami International Securities Exchange for its crypto-derivatives platform, LedgerX, one of the few solvent pieces of Sam Bankman-Fried’s former empire, Bloomberg

Judge Approves Celsius Custody Account Settlement to Return 72.5% of Crypto Assets

Celsius custody account holders can receive 72.5% of the cryptocurrency in their custody accounts after Bankruptcy Judge Martin Glenn approved a settlement in the defunct crypto lender's bankruptcy

Supreme Court Divided over Coinbase Arbitration Dispute

U.S. Supreme Court justices on Tuesday appeared divided over a bid by cryptocurrency exchange Coinbase Global Inc to halt customer lawsuits, including by a user who sued after a scammer stole money

FDIC to Break Up SVB, Seeks Separate Sale of Private Unit

The Federal Deposit Insurance Corporation on Monday decided to break up Silicon Valley Bank (SVB) and hold two separate auctions for its traditional deposits unit and its private bank after failing to

U.S. Could Move to Protect Deposits at Other Banks

Treasury Secretary Janet Yellen is expected to tell a banking conference on Tuesday that the federal government could step in to protect depositors at additional banks if regulators see a risk of a

First Republic Bank Shares Slide in Volatile Trading Session

Shares of First Republic Bank fell another 47% Monday as investors remain uneasy about the bank's financial condition even after a group of the nation's largest financial institutions teamed up on a