Jobs IRLDecoding DemocracyA Warmer WorldI've Always Wondered ...

Loading...

0:00
0% played

Silicon Valley Bank Collapse

Tracking the fallout of the first bank failure since 2020.

From This Collection

Marketplace Tech

Silicon Valley gets a taste of what the public thinks of the tech sector

Mar 16, 2023
LISTEN
Download
Make Me Smart | Episode 881

Your questions about SVB answered

Mar 15, 2023
LISTEN
Download
Silicon Valley Bank Collapse

Peers not lining up to buy Silicon Valley Bank's problems. Neither are the giants.

by Kai Ryssdal and Nicholas Guiang
Mar 15, 2023
SVB has a "$15 billion hole," says Semafor’s Liz Hoffman. Banks big enough to take on the challenge were initially not invited to bid.
"I don't think there's a lot of appetite for big-bank CEOs" to acquire the failed SVB, Semafor's Liz Hoffman says.
Justin Sullivan/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE
Banks in Turmoil

Regional banks rush to reassure customers after SVB failure

by Savannah Maher
Mar 15, 2023
They're letting depositors know that their money is safe and highlighting differences between their banks and the ones that failed.
Above, people line up to try to retrieve funds at a Silicon Valley Bank branch on March 13. That anxiety has spilled over to customers who use other regional banks.
Justin Sullivan/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE
Banks in Turmoil

Regional banks under scrutiny: What makes them different?

by Amy Scott
Mar 15, 2023
The failure of Silicon Valley Bank and Signature Bank has put a spotlight on the stability of regional banks.
First Republic Bank, which has locations in eight states, is among the midsize banks that ratings agency Moody’s is reviewing for a possible downgrade.
Patrick T. Fallon/AFP via Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE
Banks in Turmoil

Mortgage rates dip following bank collapse

by Lily Jamali
Mar 15, 2023
The last few days have been particularly unstable for mortgage rates, which were already volatile amid recent interest rate hikes.
Mortgage rates took a dive after the closure of Silicon Valley Bank and Signature Bank, marking a period of volatility tied to people's unease about the financial sector.
Joe Raedle/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE
Marketplace

Where does banking oversight go from here?

Mar 14, 2023
LISTEN
Download

For public good, not for profit.

Donate
Banks in Turmoil

Financial meltdowns often spur changes to financial regulation. So where do we go from here?

by Stephanie Hughes
Mar 14, 2023
Regulators didn't catch Silicon Valley Bank before it failed. What can they do to catch others?
The Federal Reserve Board announced yesterday that it’s going to review what happened with the Silicon Valley Bank closure. Time will tell if more regulations will be placed upon larger banks like SVB and if banks themselves will take a closer look at their own risk committees.
Alex Wong/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE
Banks in Turmoil

Former Fed official who oversaw reforms sees "deep irony" after bank collapse

by Kai Ryssdal , Sarah Leeson and Sean McHenry
Mar 14, 2023
"We've just seen an uptick in moral hazard," Daniel Tarullo says of the U.S. government covering uninsured deposits.
"One of those pillars of Dodd-Frank — which is to let banks fail and people will have the right incentives — we just can't rely on that," said former Fed Governor Daniel Tarullo, seen above in 2014.
Win McNamee/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE
Banks in Turmoil

Federal bank regulators are getting most of the attention, but states oversee banks too

by Justin Ho
Mar 14, 2023
The feds didn’t take possession of Silicon Valley Bank and Signature Bank. That was up to state regulators in California and New York.
Signature Bank and Silicon Valley Bank were state chartered, which is why state regulators stepped in first.
Spencer Platt/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE