Assets of First Republic Bank Seized by Regulators, Sold to JPMorgan
Monday saw the resolution of the largest U.S. bank failure since the 2008 financial crisis, as regulators seized First Republic Bank (FRC.N) and sold its …
bank
In a $2.7 billion deal, New York Community Bank has agreed to acquire the defunct Signature Bank
Following Signature Bank’s failure a week ago, New York Community Bank has agreed to purchase a sizable stake in the defunct lender for tri-state businesses …
UBS purchases Credit Suisse for $3.2 billion as regulators attempt to strengthen the international financial system
On Sunday, UBS agreed to acquire its troubled competitor Credit Suisse for 3 billion Swiss francs ($3.2 billion), with Swiss regulators playing a key role …
The collapse of Silicon Valley Bank has led to a surge in Bitcoin to over $26,000, a 9-month high
Bitcoin appears to have benefited from the failure of a Silicon Valley bank. The most popular cryptocurrency has gained over 10% in the past day, …
Swiss National Bank will lend Credit Suisse up to nearly $54 billion
Credit Suisse has declared that it will borrow up to 50 billion Swiss francs ($53.68 billion) from the Swiss National Bank using a covered loan …
The collapse of Silicon Valley Bank reportedly results in $15 billion in new deposits for Bank of America
As panic spreads about a possible banking sector collapse in the United States, people have rushed to deposit their money with “too big to fail” …
Bitcoin’s Moment of Glory Comes As Silicon Valley Bank Faces Difficult Times
Bitcoin (BTC), the controversial digital currency, is finally getting the attention it deserves from the mainstream financial system. With Silicon Valley Bank’s collapse on Sunday …