JPMorgan is cutting about 1,000 First Republic Bank employees

JPMorgan acquired most of First Republic's assets earlier this month after the San Francisco-based regional bank was...

US banking: FDIC directs agencies to analyse deposit insurance

Following the failures of a few US banks, Federal Deposit Insurance Corporation (FDIC) Chairman Martin J Gruenberg...

First Republic Bank in San Francisco closed by CDFPI

First Republic Bank in San Francisco, California was closed on Monday by the California Department of Financial...

First Republic Bank closed; JP Morgan to acquire its assets

US-based First Republic Bank was closed on Monday (local time) by the local regulators and entered into an...

First Citizens Bank acquires deposits and loans of failed SVB

The Federal Deposit Insurance Corporation (FDIC) entered into a purchase and assumption agreement for all deposits...

Unrestricted access given to Nazara arms to cash at SVB

Listed mobile gaming company Nazara Technologies on Wednesday said two of its step-down subsidiaries Kiddopia Inc...

Savings of depositors safe, says US after two banks collapse

Silicon Valley Bank collapsed on Friday, while New York-based Signature Bank was closed by the state regulators on...

USISPF's Startup Connect Statement on Silicon Valley Bank Crisis

New Delhi [India], March 13 (ANI/BusinessWire India): In light of the sudden collapse of Silicon Valley Bank, Dr...

Signature Bank becomes 2nd US-based bank to collapse within week

New York-based Signature Bank was closed by the state regulators, becoming the second US bank after Silicon Valley...

US lender Silicon Valley Bank fails after run on deposits

The bank's failure is the second-largest in US history, and the largest since the financial crisis of 2008, NYT said.

US regulators shut down Silicon Valley Bank

California regulators closed down the tech lender and put it under the control of the US Federal Deposit...