FDIC

The collapse of SVB Financial Group (NASDAQ: SIVB) has dominated headlines over the weekend, with many financial experts, venture capitalists and economists weighing in. Even a potential presidential candidate shared his thoughts on the bank and what could happen next. What Happened:...

The Federal Deposit Insurance Corp. reportedly began an auction for Silicon Valley Bank late on Saturday night, with the final bids required by Sunday afternoon. What Happened: Late on Saturday night, an auction process for Silicon Valley Bank was initiated by the FDIC — which that took...

The Federal Deposit Insurance Corporation (FDIC), overseeing the emergency breakup of SVB Financial Group (NASDAQ: SIVB), will sell assets and make a portion of clients' uninsured deposits available as soon as Monday. The initial payout would be made to SVB's distressed...

The collapse of SVB Financial Group (NASDAQ: SIVB) could have a ripple effect on the technology and biotech industries, the two largest sectors that had deposits and financial relationships with the company’s Silicon Valley Bank. Here’s a look at one of the biggest companies impacted...

One of the biggest financial stories of the week was the collapse of SVB Financial Group (NASDAQ: SIVB) as the company's share price fell significant throughout the later portion of the week. A look at recent insider transactions shows several sales happened prior to the drop in the share price...

Crypto companies and investors are among those impacted by the latest collapse of Silicon Valley Bank (NASDAQ: SIVB), which has sent tech start-ups that once relied on the bank into turmoil. Following news of the bank's demise on Friday, Crypto firm Circle, which has $3.3 billion...

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...

SVB Financial Group (NASDAQ: SIVB)-owned Silicon Valley Bank — which was shut down by California regulators Friday and taken over by the Federal Deposit Insurance Corporation as receiver — was previously recommended by Jim Cramer during a “Mad Money” segment...

U.S. regulators have been sent to the headquarters of Silvergate Capital Corp. (NYSE: SI) as the cryptocurrency-friendly bank struggles to find a solution to stay in business. The Federal Deposit Insurance Corp. (FDIC) officials have been discussing ways to avoid a shutdown with Silvergate's...

The cryptocurrency sector was a mess in 2022. "The events of the past year have been marked by significant volatility and the exposure of vulnerabilities in the crypto-asset sector," according to a joint statement from the Board of Governors of the Federal Reserve System, the Federal...

Vitalik Buterin, the co-creator of Ethereum (CRYPTO: ETH), wants more protection for the average cryptocurrency investor. What Happened: Buterin pointed to the Federal Deposit Insurance Corporation in the United States and Singapore’s employment law as examples of protecting vulnerable...

The United States Federal Deposit Insurance Corporation is working with other federal regulators to explore ways to effectively regulate cryptocurrencies. What Happened: FDIC Chairman Jelena McWilliams said during a recent speech the organization is collaborating with other U.S...