The collapse of Silicon Valley Bank (SVB) has dominated the news and left the market reeling in its wake. As businesses continue to respond to the second-largest bank collapse in U.S. history, we ...

The guaranteed deposits extend beyond the Federal Deposit Insurance Corporation (FDIC) fund insurance that promises depositors' funds up to $250,000 will be covered, and only a very small ...

Federal regulators took over Silicon Valley Bank after shutting it down on Friday ... The FDIC covers up to $250,000 per depositor, per bank, with the insurance amount based on legal ownership name.

The Federal Deposit Insurance Corporation (FDIC) was established in 1933 during the Great Depression. By insuring bank deposits, the government tries to promote stability in the financial system ...

Some observers say that while some bank customers will pursue more comprehensive insurance for their deposits, some may get the message that as long as their bank is large enough their deposits will ...

About half of U.S. adults are worried about whether their insured deposits are still safe after recent bank collapses. At the end of 2022, the FDIC's Deposit Insurance Fund had $128.2 billion ...

By contrast, wealthy individuals or corporate treasurers who manage bank accounts in excess of the $250,000 threshold are expected to do so prudently and professionally, or else to face the risk ...

The federal government’s move on Mar. 12 to protect all depositors of the failed Silicon Valley Bank and Signature Bank SBNY — even those exceeding the standard $250,000 insurance cap ...

Silicon Valley Bank’s failure makes many Americans grateful for deposit insurance, which protects accounts holding $250,000 or less. But the SVB episode also illustrates the dangers of deposit ...

The federal agency tasked with insuring Americans’ bank accounts recommended raising its $250,000 insurance threshold in “targeted” circumstances Monday, including for business accounts ...

Cadence Bank, which on Tuesday announced the sale of its insurance brokerage for $904 million in cash, expects to record proceeds of around $650 million after taxes and other costs. Cadence Bank is ...