-
First Citizens will buy Silicon Valley Bank, the tech industry-focused financial institution that collapsed earlier this month, rattling the banking industry and sending shockwaves around the world.
-
Voters hate bank bailouts. But letting them fail without a safety net for customers could have been even worse for President Biden ahead of the 2024 presidential race.
-
The Federal Reserve raised its benchmark interest rate by a quarter percentage-point in an effort to curb high inflation. Some had called for the Fed to wait after two recent bank failures.
-
There are possible consequences still playing out for regular people, small businesses and the economy.
-
Shares in the midsized lender continued to tumble as fears grow about First Republic's financial health grow even after it received a $30 billion lifeline from its bigger rivals last week.
-
The 40 branches of Signature Bank will become Flagstar Bank, starting Monday. Flagstar is one of New York Community Bank's subsidiaries.
-
UBS will buy rival Credit Suisse for more than $3 billion in a deal brokered by Swiss officials to try and prevent a banking crisis.
-
President Biden said the current law limits his administration's power to hold executives responsible when midsize banks fail due to mismanagement.
-
This Week in Oklahoma Politics discusses Volkswagen choosing Canada over Oklahoma for its electric vehicle battery plant despite a $700M incentive package, Gov. Kevin Stitt declining to accept a shipment of toxic waste from the train derailment in Ohio and more.
-
Treasury Secretary Janet Yellen says bank depositors can feel confident their money is safe. Yellen promised a thorough review of what went wrong at two regional banks that failed in the past week.