bank collapse

U.S. Rep. Adam Schiff (D-Calif.) tweeted Monday that he is drafting a bill to go after executives at failed banks. Schiff's bill is in response to the collapse of Silicon Valley Bank and he said it will recoup bonuses, stock options and other compensations.  What Happened:...

The blame game over who’s responsible for the collapse of Silicon Valley Bank, part of SVB Financial Group (NASDAQ: SIVB), and Signature Bank (NASDAQ: SBNY) kicked off immediately following news that the 19th largest bank in the U.S. had failed. The situation became...

The collapse of Silicon Valley Bank (NASDAQ: SIVB) last week has sent the banking sector into a spiral, with the government stepping in to help backstop depositors. The news has regional banking stocks trading down significantly on Monday. Here’s what you need to know and the major movers....

Cryptocurrency exchanges Binance (CRYPTO: BNB) and Coinbase Global Inc (NASDAQ: COIN), two of the top cryptocurrency exchanges, announced temporary suspensions of USD Coin (CRYPTO: USDC) conversions due to concerns about the fallout from the collapse of Silicon Valley Bank, a subsidiary of SVB...