The U.S. Federal Deposit Insurance Corp (FDIC) is planning to relaunch the sale process for Silicon Valley Bank after failing to attract buyers in its latest auction, with the regulator seeking a

Investors who bought bonds in Silicon Valley Bank’s parent company as the bank teetered are risking a bankruptcy-court battle with the Federal Deposit Insurance Corp. over billions of dollars in

Credit-rating firms held regional banks in high regard — until two of the biggest banking failures in U.S. history, the Wall Street Journal reported. Rapid collapses at Silicon Valley Bank and

Some of the world's largest central banks came together on Sunday to stop a banking crisis from spreading as Swiss authorities persuaded UBS Group AG on Sunday to buy rival Credit Suisse Group AG in a

Credit Suisse said 16 billion Swiss francs ($17.24 billion) of its Additional Tier 1 debt will be written down to zero on the orders of the Swiss regulator as part of its rescue merger with UBS

President Biden called on Congress to toughen penalties on bank executives deemed responsible for the collapse of financial institutions, as the administration seeks to shore up confidence in the

Infowars conspiracy broadcaster Alex Jones, who faces more than $1.4 billion in legal damages for defaming the families of the Sandy Hook shooting victims, has devised a new way to taunt them

The Texas agency that regulates the state's power utilities overstepped its bounds and kept power prices too high in the wake of a deadly 2021 deep freeze that led to widespread electricity outages

WeWork, the struggling office space company, said on Friday that it had reached a deal with SoftBank and other investors to significantly reduce its debt and secure new financing, the New York Times

SVB Financial Group said today that it filed chapter 11 protection to seek buyers for its assets, days after its former unit Silicon Valley Bank was taken over by U.S. regulators, Reuters reported