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Trying to make sense of the recent banking turmoil? Start with our reading recommendations Show more
One of the world’s richest men knows why Silicon Valley Bank really failed: ‘People on iPhones’
fortune.com/2023/03/30/blackstone-ceo-steve-schwarzman-svb-iphones-contagion-wont-spread/

Paid articlePaywallEuropean banks and the price of safety: Why the continent’s lenders are so different to those in America
economist.com/finance-and-economics/2023/03/30/european-banks-and-the-price-of-safety

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Who will end up paying for the banking crisis: You: It cost the Federal Deposit Insurance Corporation about $23 billion to clean up the mess that Silicon Valley ...
cnn.com/2023/03/31/investing/premarket-stocks-trading/

BANKING FALLOUT OP-ED: South Africa’s surprise rate decision aligns with global prioritisation of inflation over the risk of a financial crisis
dailymaverick.co.za/article/2023-03-31-ss-rate-move-aligns-with-global-priority-of-inflation-over-risk-of-financial-crisis/

Silicon Valley Bank: What we learned, what’s next after the collapse: Silicon Valley Bank's collapse is prompting scrutiny of the bank's poor risk management and ...
foxbusiness.com/economy/silicon-valley-bank-what-we-learned-whats-next-after-the-collapse

Bank of Canada 'ready to act' in event of extreme market stress: By Steve Scherer and David Ljunggren
reuters.com/business/finance/bank-canada-ready-act-event-extreme-market-stress-2023-03-29/

Exclusive: U.S. regulator seeks sale of Silicon Valley Bank, Signature Bank portfolios, sources say
reuters.com/business/finance/us-regulator-seeks-sale-silicon-valley-bank-signature-bank-portfolios-sources-2023-03-31/

What do banks do when no one is watching? It's up to bank examiners to find out: High-profile bank failures in the last several weeks are putting the spotlight ...
npr.org/2023/03/31/1167511385/what-do-banks-do-when-no-one-is-watching-it-s-up-to-bank-examiners-to-find-out

Should deposit insurance be expanded? About 40% of deposits, by value, are uninsured because they exceed the $250,000 that the government guarantees
Is your money safe in American banks?: Recent bank runs have spooked depositors
economist.com/the-economist-explains/2023/03/28/is-your-money-safe-in-american-banks

Biden pressures US regulators to toughen bank rules: The White House is urging bank overseers to get stricter with regional lenders, outlining a series of steps ...
finance.yahoo.com/news/biden-pressures-us-regulators-to-toughen-bank-rules-183301342.html

Biden asks banking regulators to toughen some rules after recent bank failures: President Biden on Thursday urged banking regulators to take additional steps to ...
npr.org/2023/03/30/1167140976/biden-banks-regulators

After the fall of Silicon Valley Bank, the idea of faster bank runs is understandably causing concern among analysts and legislators ... Show more
Did social media cause the banking panic?: New technology does more than just speed up financial wobbles
economist.com/finance-and-economics/2023/03/30/did-social-media-cause-the-banking-panic

Silicon Valley Bank's chaos has been bittersweet for crypto and wine: Silicon Valley Bank's collapse earlier this month dealt a major blow to the wine and crypto ...
ctvnews.ca/business/silicon-valley-bank-s-chaos-has-been-bittersweet-for-crypto-and-wine-1.6335591

The White House wants to reverse Trump-era banking deregulation: The Biden administration’s recommended rules would target banks with $100 billion to $250 ...
qz.com/biden-trump-banking-rules-silicon-valley-bank-1850286898

Paid articlePaywallWhite House: smaller community banks shouldn't shoulder the tab for 2 failed banks
npr.org/2023/03/31/1167297081/white-house-smaller-community-banks-shouldnt-shoulder-the-tab-for-2-failed-banks

Biden urges US regulators to restore tougher rules on midsize banks: null
newvisionapp.page.link/cNZdNk1egzCuBnL27

Banks: Too Big to Fail: The largest financial institutions in the world may be based in the USA or China. But too big to fail applies above all to large banks in ...
zeit.de/wirtschaft/2023-03/bankenkrise-europa-grossbanken-too-big-to-fail

Biden says White House response to banking stress is 'not over yet': U.S. President Joe Biden said on Tuesday his administration had done what was possible to ...
reuters.com/markets/us/biden-says-banking-crisis-not-over-yet-2023-03-28/

US Fed lending to banks ticks slightly lower in latest week: U.S. Federal Reserve emergency lending to banks was on balance fairly stable at very high levels as ...
reuters.com/markets/us/fed-lending-banks-ticks-slightly-lower-latest-week-2023-03-30/

Joe Biden Sidesteps Congress to Address Silicon Valley Bank Collapse: The Biden administration laid out steps that will require banks to protect themselves ...
newsweek.com/joe-biden-sidesteps-congress-address-silicon-valley-bank-collapse-1791616

Why it matters that Canadian banks have dodged the deposit exodus plaguing some U.S. banks
theglobeandmail.com/business/article-commercial-bank-deposits-canada-us/

Hiltzik: The bank deregulation hangover: Throughout the Trump presidency, his appointees eviscerated banking regulation. The collapse of Silicon Valley Bank was ...
latimes.com/business/story/2023-03-30/how-trumps-frenzy-of-deregulation-killed-silicon-valley-bank

White House calls for tougher rules, stress tests for mid-sized banks in wake of crisis
financialpost.com/fp-finance/banking/white-house-seeks-tougher-banking-rules-stress-tests-post-crisis

Joe Biden calls on US regulators to toughen rules for large regional banks: Push to unwind Trump-era rule changes comes as policymakers consider long-term ...
ft.com/content/927e912e-7aac-473a-88d7-99af1754a127

Paid articlePaywallYanis Varoufakis: Blow up this banking system! How we tame the financial markets: Whether Silicon Valley Bank or Credit Suisse - this crisis was foreseeable ...
freitag.de/autoren/yanis-varoufakis/yanis-varoufakis-sprengt-dieses-bankensystem-so-zaehmen-wir-die-finanzmaerkte

Signature Bank stock crashed to pennies, then soared after trading reopened: Trading in the stock reopened at $0.41, and it later crashed to as low as $0.09 ...
markets.businessinsider.com/news/stocks/signature-bank-stock-price-crash-penny-trading-reopens-sbny-sivbq-2023-3

Senate Democrats led by Elizabeth Warren press federal bank regulators to implement stronger capital requirements
cnbc.com/2023/03/30/silicon-valley-bank-democrats-press-regulators-on-capital-requirements.html

Bank of Canada ready to step in if global financial crisis causes 'spillovers' to banks here
cbc.ca/news/business/crisis-canada-column-don-pittis-1.6794904

Near-crash and turbulence: What follows after the bank quake?: The first shock is digested. What lessons are supervisors, politicians and banks drawing from the ...
az-online.de/wirtschaft/bankenkrise-finanzkrise-credit-suisse-ubs-silicon-valley-bank-finanzen-olaf-scholz-ezb-zr-92180107.html

Lawmakers agree Fed wasn't tough enough with SVB. They disagree on fixes.: Democrats want the Federal Reserve to strengthen capital requirements on smaller ...
finance.yahoo.com/news/lawmakers-agree-fed-wasnt-tough-enough-with-svb-they-disagree-on-fixes-180710669.html

SVB failure fueled by 'people on iPhones', won't spread: Blackstone CEO: Rapid withdrawals "by people on iPhones" and high interest rates caused Silicon Valley ...
markets.businessinsider.com/news/stocks/banking-crisis-turmoil-silicon-valley-bank-collapse-blackstone-steve-schwarzman-2023-3

Silicon Valley Bank and Fed supervisors: what's known so far: A team of 20 bank examiners at the San Francisco Federal Reserve took over day-to-day supervision ...
reuters.com/business/finance/silicon-valley-bank-fed-supervisors-whats-known-so-far-2023-03-30/

SVB fallout puts focus on challenges faced by Japan’s regional banks: With a declining population, profit pressures and pandemic assistance measures set to ...
japantimes.co.jp/news/2023/03/29/business/regional-banks-scrutiny-svb-fallout/

US regulator cites 'terrible' risk management for Silicon Valley Bank failure: A top U.S. regulator told a Senate panel on Tuesday that Silicon Valley Bank did a ...
reuters.com/markets/us/us-regulators-face-sharp-questions-congress-over-bank-collapses-2023-03-28/

GOP Lawmakers Accuse Fed of Being Lax before Bank Failure: WASHINGTON (AP) — Republican lawmakers accused top bank regulators Wednesday of dawdling as Silicon ...
japannews.yomiuri.co.jp/news-services/ap/20230330-100475/

Bank of Canada watching for potential spillovers from global banking stresses: A senior Bank of Canada official says the central bank is keeping a close eye on ...
ctvnews.ca/business/bank-of-canada-watching-for-potential-spillovers-from-global-banking-stresses-1.6334306

FDIC to consider bank size in applying 'special assessment fee': The U.S. Federal Deposit Insurance Corporation (FDIC) will take the plight of community banks ...
reuters.com/markets/us/fdic-consider-bank-size-applying-special-assessment-fee-2023-03-29/

Opinion: Canadians should thank heaven for the Bank Act: Canadian banking system is generally regarded as one of the safest in the world and Canadians have the ...
financialpost.com/opinion/opinion-canadians-thankful-banking-act

Paid articlePaywallThe Short-Sightedness of Run-Amok Regulators: Ric Edelman, founder of the Digital Assets Council of Financial Professionals, talks about a key reason why ...
coindesk.com/business/2023/03/29/the-short-sightedness-of-run-amok-regulators/

Signature Crypto Customers Get One Week To Remove Funds; Signet Is Up For Sale: Quick end to digital-asset accounts follows rapid closure of bank and leaves ...
forbes.com/sites/digital-assets/2023/03/29/signature-crypto-customers-get-one-week-to-remove-funds-signet-is-up-for-sale/

Bank rules under review in wake of SVB debacle :US Fed official: The Federal Reserve's bank supervisors informed Silicon Valley Bank's management as early as the ...
business-standard.com/world-news/bank-rules-under-review-in-wake-of-svb-debacle-us-fed-official-123032801263_1.html

Paid articlePaywallBank of Canada ‘ready to act’ in event of market-wide banking stress: official: A senior Bank of Canada official says the central bank is keeping a close eye on ...
globalnews.ca/news/9587337/bank-of-canada-watching-global-banking-stresses/

FDIC hires Newmark Group to sell billions of Signature Bank debt - source: The Federal Deposit Insurance Corp (FDIC) has hired Newmark Group Inc (NMRK ...
reuters.com/business/finance/fdic-hires-newmark-group-sell-billions-signature-bank-debt-wsj-2023-03-29/

Bank of Canada ‘ready to act’ if financial turmoil spreads: Deputy governor Toni Gravelle made the BoC’s first direct comments since the failure of Silicon ...
theglobeandmail.com/business/article-bank-of-canada-banking-crisis/

Paid articlePaywallBank of Canada 'ready to act' in event of extreme market stress: The Bank of Canada said it was ready to step in with support if the banking system came under ...
financialpost.com/fp-finance/banking/bank-canada-would-act-market-stress

In Today’s Banking Crisis, Echoes of the ’80s: Losses at SVB, Signature and other banks reflect the risk from borrowing short and lending long.
wsj.com/articles/in-todays-banking-crisis-echoes-of-the-80s-thrift-delayed-recognition-risk-taking-deposit-insurance-svb-signature-cfdd2b37

Paid articlePaywallEurope banks can lose 38% of deposits before having to sell assets at a loss-research
reuters.com/business/finance/europe-banks-can-lose-38-deposits-before-having-sell-assets-loss-research-2023-03-29/

Fed’s Barr Acknowledges Oversight Lapses Before SVB Failure: The Federal Reserve’s top bank regulator on Wednesday said that supervisors could have done more to ...
bloomberg.com/news/articles/2023-03-29/us-regulators-grilled-on-preparations-for-digital-bank-run

Wall Street's sharpest investors making money from banking crisis, stock market crash
businessinsider.com/wall-street-elite-investors-svb-failing-banks-crisis-stock-market-2023-3

Paid articlePaywallBanking crisis: Have we learnt nothing?: Following the downfall of multiple US banks, Credit Suisse, as well as uncertainty about Deutsche Bank, the EU
euractiv.com/section/economy-jobs/opinion/banking-crisis-have-we-learnt-nothing/

House lawmakers tear into top bank regulators in second hearing this week on SVB collapse
cnbc.com/2023/03/29/svb-hearing-house-lawmakers-tear-into-top-bank-regulators-in-second-hearing-this-week-on-collapse-.html

Stock market just flashed sign that Silicon Valley Bank crisis is over: "If stocks do not make a new low post this crisis, the bears could capitulate ...
markets.businessinsider.com/news/stocks/stock-market-signals-silicon-valley-banking-crisis-over-volatility-vix-2023-3

US regulators face tough questions on SVB, Signature Bank failures: Patrick McHenry, a North Carolina Republican who leads the House Financial Services Committee ...
bostonglobe.com/2023/03/29/business/us-regulators-face-tough-questions-svb-signature-bank-failures/

What follows after the bank quake?: The first shock is digested. What lessons are supervisors, politicians and banks drawing from the recent turbulence in the ...
wz.de/wirtschaft/was-folgt-nach-dem-bankenbeben_aid-87577381

SVB saw $142B in outflows in 2 days - El-Erian says that spells trouble: Silicon Valley Bank saw $142 billion in deposits flow out in just two days in a ...
markets.businessinsider.com/news/stocks/svb-142b-outflows-2days-mohamed-el-erian-tech-bank-runs-2023-3

The butterfly effect: How the failure of a small US bank toppled a giant in Switzerland
smh.com.au/business/banking-and-finance/the-butterfly-effect-how-the-failure-of-a-small-us-bank-toppled-a-giant-in-switzerland-20230329-p5cw6k.html

Senate committee questions federal regulators over US bank crisis: Tuesday marked the US Senate’s first public hearing into the collapse of Silicon Valley Bank ...
aljazeera.com/news/2023/3/28/senate-committee-questions-federal-regulators-over-us-bank-crisis

Fed official: Bank rules under review in wake of Silicon Valley Bank failure: Michael Barr, the nation’s top banking regulator, spoke Tuesday during a Senate ...
english.elpais.com/economy-and-business/2023-03-28/fed-official-bank-rules-under-review-in-wake-of-silicon-valley-bank-failure.html

Live updates: Federal regulators testify on the banking meltdown: US financial regulators have been called to testify before the Senate Banking Committee on ...
cnn.com/business/live-news/bank-hearings-stock-market-03-28-23/

First Citizens Bank to buy SVB's deposits, loans from FDIC: First Citizens Bank & Trust Co will buy all of Silicon Valley Bank's (SIVB.O) deposits and loans from ...
reuters.com/markets/deals/first-citizens-bank-buy-svbs-deposits-loans-fdic-2023-03-27/

What Really Caused the Banking Crisis?: Who’s to blame for SVB’s collapse and the fallout that ensued? WSJ Opinion staff and contributors analyze the root causes ...
wsj.com/articles/what-really-caused-the-banking-crisis-svb-fed-fdic-duration-interest-rate-risk-insurance-bailout-a8d37158

Paid articlePaywallBanking crisis: How safe are Brandenburg's banks now?: Share prices fluctuate, individual large banks internationally fluctuate - but do savers and investors in ...
maz-online.de/brandenburg/bankenkrise-wie-sicher-sind-brandenburgs-banken-jetzt-PCPBXU4PEREKHIT4WPPSQFLDWI.html

US regulator cites 'terrible' risk management for Silicon Valley Bank failure
rappler.com/business/united-states-senate-hearing-bank-failures-federal-regulatory-response-march-28-2023/

SVB customers tried to withdraw nearly all the bank’s deposits over two days, Fed's Barr testifies
cnbc.com/2023/03/28/svb-customers-tried-to-pull-nearly-all-deposits-in-two-days-barr-says.html

5 things we learned from the Senate hearing on the Silicon Valley Bank collapse: A top federal regulator called the failure of Silicon Valley Bank a "textbook ...
npr.org/2023/03/28/1166507714/senate-hearing-silicon-valley-bank-signature-bank-failure-collapse

FDIC Gives Deadline Next Week for Crypto Depositors Stranded by Signature Failure
coindesk.com/policy/2023/03/28/fdic-gives-deadline-next-week-for-crypto-depositors-stranded-by-signature-failure/

$142 billion in 2 days: extent of SVB bank run comes into focus as U.S. regulators mull new rules
marketwatch.com/story/142-billion-in-2-days-extent-of-svb-bank-run-comes-into-focus-as-u-s-regulators-mull-new-rules-d7b34d65

Paid articlePaywallSVB collapse could have ripple effects on minority-owned banks: Four minority founders reflect on the health of minority-owned banks in the U.S ...
npr.org/2023/03/28/1165604492/svb-collapse-could-have-ripple-effects-on-minority-owned-banks

First Citizens Bank Buying SVB—Here Are Other Failed Banks It Acquired: First Citizen Bank has acquired failed banks all over the country since the 2008 ...
forbes.com/sites/anthonytellez/2023/03/28/first-citizen-bank-buying-svb-here-are-other-failed-banks-it-acquired/

No cause for panic, yet – Czech banks safe from European banking troubles: Strong liquidity and capitalization, combined with support from the Czech National ...
expats.cz/czech-news/article/no-cause-for-panic-yet-czech-banks-safe-from-european-banking-troubles

New rules for banks signaled after SVB, Signature failures: Top U.S. financial officials on Tuesday outlined what’s likely to be the biggest regulatory overhaul ...
latimes.com/business/story/2023-03-28/us-officials-signal-new-rules-for-banks-after-svb-signature-failures

Banking crisis ingrains credit funk that was already there: Lenders had started tightening as early as the fourth quarter in anticipation of a possible recession ...
americanbanker.com/news/banking-crisis-ingrains-credit-funk-that-was-already-there

Paid articlePaywallFed raised concerns over SVB risk management as early as 2021, Michael Barr says: Federal Reserve will issue a review of events leading up to the collapse of ...
marketwatch.com/story/fed-raised-concerns-over-svb-risk-management-as-early-as-2021-vice-chair-barr-says-2c5fcb6b

Paid articlePaywallHere's why US bank turmoil may not blow up into a financial crisis: "There are signs that the crisis is not set to morph into a broader crisis ...
markets.businessinsider.com/news/stocks/us-bank-financial-crisis-recession-svb-collapse-stock-market-outlook-2023-3

Regulators flagged SVB ‘deficiencies’ in 2021, Senate panel is told: Federal regulators found “deficiencies” in Silicon Valley Bank’s liquidity risk management ...
sfchronicle.com/politics/article/silicon-valley-bank-senate-committee-hearing-17858692.php

Key bank regulators appear before Congress in first Silicon Valley Bank hearing: It's the first hearing about Silicon Valley Bank's collapse that ...
axios.com/2023/03/28/silicon-valley-bank-congress-hearing

How family-controlled First Citizens became a top-20 US bank : Lender that acquired much of failed Silicon Valley Bank has grown rapidly by buying up distressed ...
ft.com/content/b883e5f6-811e-4fbe-a522-98f7ed098270

Paid articlePaywallBanking regulators to face tough questions from US Congress following collapses: Lawmakers aim to determine how Silicon Valley Bank and Signature Bank failed ...
theguardian.com/business/2023/mar/28/svb-signature-bank-fail-congress-hearing

Updates on Senate Hearing Probing SVB, Signature Bank Failures
bloomberg.com/news/live-blog/2023-03-28/senate-hearing-on-bank-failures

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"Will not be able to deliver": Large car dealership insolvent - | Controversy surrounding vehicles with deposits
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Want to prevent another SVB? Have banks disclose their duration gap.: The simple act of disclosing their sensitivity to interest rate changes would bring market ...
americanbanker.com/opinion/want-to-prevent-another-svb-have-banks-disclose-their-duration-gap

Bankers suffer from 'disaster myopia'; regulators shouldn't ignore it: Banking crises always recur. But time and again, bankers have been shown to operate on the ...
americanbanker.com/opinion/bankers-suffer-from-disaster-myopia-regulators-shouldnt-ignore

Paid articlePaywallWATCH: Michael Roffler, the former CEO of First Republic Bank, blamed his bank's collapse on a panic ignited by the failures of Silicon Valley Bank and ... Show more
Ex-First Republic CEO blames contagion for bank's collapse: The former chief executive of the First Republic Bank Michael Roffler blamed the bank's collapse on ...
reuters.com/business/finance/ex-first-republic-ceo-says-regulators-did-not-express-concerns-blames-contagion-2023-05-17/

What’s next for troubled First Republic Bank: First Republic Bank is still an independent bank. The question Saturday was how much longer that will continue to ...
cnn.com/2023/04/29/business/first-republic-whats-next/

The SVB and Signature bailouts broke Dodd-Frank's promises: Federal officials should have protected both banks' uninsured depositors by following the law's ...
americanbanker.com/opinion/the-svb-and-signature-bailouts-broke-dodd-franks-promises

Paid articlePaywallYou thought the run on SVB was bad? Just wait until FedNow arrives: The run on Silicon Valley Bank was blunted by delays in wire transfer executions ...
americanbanker.com/opinion/you-thought-the-run-on-svb-was-bad-just-wait-until-fednow-arrives

Paid articlePaywallThe long shadow of the 2023 banking crisis: The failures of Silicon Valley Bank and Signature Bank sent a shockwave through the financial system ...
americanbanker.com/podcast/the-long-shadow-of-the-2023-banking-crisis

A more explicit role for governments in the banking system may be the logical endpoint of the road down which regulators have been travelling for quite some ... Show more
How the state could take control of the banking system: Technology and regulation are making the government’s role in finance explicit
economist.com/finance-and-economics/2023/04/12/how-the-state-could-take-control-of-the-banking-system

Appetite for expanded FDIC insurance is strong. Will it last?: IntraFi, R&T Deposit Solutions and other companies help banks capture and insure the entirety of ...
americanbanker.com/news/appetite-for-expanded-fdic-insurance-is-strong-will-it-last

Paid articlePaywallHow Small Businesses Can Find Safety Before the Next Bank Crisis: Financial advisers recommend that business owners examine their accounts now to ensure they are ...
nytimes.com/2023/04/01/business/small-business/small-business-banking-tips.html

Bond purchases may have continued longer than warranted, BoC paper says : Central bank intervened aggressively in financial markets in early months of pandemic ...
theglobeandmail.com/business/article-bond-purchases-may-have-continued-longer-than-warranted-boc-official/

Regulators opened can of worms with Silicon Valley-Signature rescues: The incentive structures for both banks and large, sophisticated depositors have changed ...
americanbanker.com/news/regulators-opened-a-can-of-worms-with-the-silicon-valley-signature-rescue

Paid articlePaywallM&A outlook gets bleaker in wake of bank failures: On top of recession fears and elevated regulatory scrutiny, worry about the banking industry's weakness could ...
americanbanker.com/news/m-a-outlook-gets-bleaker-in-wake-of-bank-failures

Paid articlePaywallAsk an advisor: Are my retirement savings safe from the SVB crisis?: After three banks collapsed, a New York teacher wonders if the wreckage could reach her nest ...
financial-planning.com/list/ask-an-advisor-are-my-retirement-savings-safe-from-the-silicon-valley-bank-crisis

Paid articlePaywallSilicon Valley Bank failure could wipe out 'a whole generation of startups': The implosion of Silicon Valley Bank could force hundreds of tech startups to lay ...
npr.org/2023/03/11/1162805718/silicon-valley-bank-failure-startups

Roku held nearly $500 million at Silicon Valley Bank and does not know if it will recover the funds
cnn.com/2023/03/10/business/roku-svb-cash/

One of Silicon Valley's top banks fails; assets are seized | The Asahi Shimbun: Breaking News, Japan News and Analysis
asahi.com/ajw/articles/14859233

Latest banking news: Super Bowl spending spikes, Openpay closes, Mastercard takes aim at gamers, and more in banking news this week.
americanbanker.com/list/latest-banking-news-feb-10-2023

Paid articlePaywallWhy Silicon Valley Bank is betting on buy now/pay later for businesses: The bank has issued credit to Slope, a firm offering a form of B2B installment loan ...
americanbanker.com/payments/news/inside-silicon-valley-banks-bet-on-buy-now-pay-later-for-businesses

Paid articlePaywall Next
