First Citizens to Acquire Silicon Valley Bank
The Federal Deposit Insurance Corporation, which announced the deal late Sunday, had been looking for a buyer since seizing control of the bank.
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As Banking Worries Swirl, Europe’s Policymakers Express Confidence, With Caution
Officials say eurozone lenders are strictly supervised and continue to be strong. But at a recent conference, wariness about the future remained.
Posted inBanking and Financial Institutions Credit and Debt Federal Reserve System Government Bonds Inflation (Economics) Interest Rates PacWest Bancorp Signature Bank Silicon Valley Bank Stocks and Bonds Treasury Department United States United States Economy
Banks Are Borrowing More From the Fed: What to Know
As turmoil sweeps the United States financial system, banks are turning to the Federal Reserve for loans to get them through the squeeze.
Posted inBanking and Financial Institutions Brown, Sherrod Deposit Insurance Exchange Stabilization Fund (United States Treasury) Federal Deposit Insurance Corp Federal Reserve System McHenry, Patrick T Powell, Jerome H Regulation and Deregulation of Industry Signature Bank Silicon Valley Bank Treasury Department United States Economy United States Politics and Government
Powell and Yellen Suggest Need to Review Regulations After Bank Failures
Proposals for more scrutiny of the financial sector are meeting resistance from industry and Congress.