One Thing: Breakdown of a Bank Collapse (and ...

Democratic Sen. Adam Schiff of California has long been a target of President Donald Trump dating back to Trump’s first impeachment trial. Now he is reportedly under investigation by Trump’s Justice Department for mortgage fraud (allegations Schiff denies). In a conversation reco ...  Show more

Their home team didn’t qualify for the World Cup, so a local pub found a new team to support in a heartwarming way. Meet the young fashion designer turning heads and breaking records. The inspiration for a first-of-its-kind role for this musician started with a Disney classic. US ...  Show more

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

Federal regulators dissected Silicon Valley and Signature banks today, delivering post-mortems on last month’s banking crisis. But on Wall Street, the crisis is far from over, with shares of First Republic Bank plummeting amid fears it could go into receivership. CNN Political Di ...  Show more

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 ...

A lot has been said about the collapse of Silicon Valley Bank and Credit Suisse. But one important thing revealed by those closely scrutinized failures has largely gone unnoticed: the changing relationship between governments and banks.  Bloomberg Editor-In-Chief John Micklethwai ...  Show more