Bank shares plunge following the collapse of the Silicon Valley Bank

Bank shares plunge following the collapse of ...

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Why the Banking Crisis Isn’t Over Yet
The Daily

In the past week, as spooked customers frantically withdrew $42 billion from Silicon Valley Bank, the U.S. government stepped in to craft a rescue operation for the failed lender.

But efforts to contain the crisis have met resistance, and the fallout of the collapse has ...

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The Implosion of Silicon Valley Bank
The Daily

With federal regulators planning to take over the collapsed Silicon Valley Bank, a 40-year-old institution based in California, nearly $175 billion in customer deposits will be placed under the authorities’ control.

The lender’s demise is the second-largest bank failure ...

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What Does The Collapse of Silicon Valley Bank Mean For Your Money?
Big Take

The biggest bank failure since the 2008 financial crisis is stoking fears of a larger financial meltdown across regional US banks. Silicon Valley Bank, a key lender for startups and the tech industry, collapsed last week. As regulators take over, many people around the country ar ...  Show more

Credit Suisse shares plunge as concerns over bank widen
World Business Report

The share price of Credit Suisse took another nosedive in the markets, hitting its all-time low for the second consecutive day by tanking up to 30% as Saudi National Bank, the Swiss bank's largest backer, ruled out the possibility of further financial help. Share indexes across t ...  Show more