Banking

The FDIC completed a sale of most of Silicon Valley Bank's assets to First Citizens Bank. (George Rose/Getty Images)

The Federal Deposit Insurance Corp. also acquired equity appreciation rights in the parent of First Citizens Bank, which are potentially worth up to $500 million.

By Sam Reynolds

Mar 27, 2023 at 6:20 a.m. UTC

Mar 27, 2023

Silicon Valley BankFDICacquisitionBanking

The ECB is getting a lot of requests for crypto licenses from fintech banks. (Hans-Peter Merten/Getty Images)

Policy

Regulations

EU Crypto Banking License Procedures Are Too Inconsistent, ECB Says

Most requests for licenses have come from banks in Germany.

By Jack Schickler

Mar 21, 2023 at 11:30 a.m. UTC

Mar 21, 2023

RegulationsECBEuropean Central BankBanking

Consensus Magazine

Opinion

Credit Suisse’s Buyout Shows Banks Still Have a Banking Problem

Bitcoin and crypto aren't unraveling the banks.

By George Kaloudis

Mar 20, 2023 at 3:44 p.m. UTC

Mar 20, 2023

OpinionNewslettersThe NodeCredit SuisseUBSSwiss National BankSaudi ArabiaDOJBitcoinBankingBailoutsCrypto

Policy

Regulations

No Crypto Banking Port Has Really Opened Up in This U.S. Storm

As Silvergate, Signature and Silicon Valley banks imploded, crypto customers grabbed assets and ran, but those hoping to land at major U.S. banks have been mostly disappointed...

By Jesse Hamilton

Mar 20, 2023 at 2:49 p.m. UTC

Mar 20, 2023

RegulationsBankingFederal ReserveFDICSilicon Valley BankSignature BankSilvergate Bank

Policy

Regulations

Is Ether a Security?

Last week was chaotic.

By Nikhilesh De

Mar 16, 2023 at 11:38 p.m. UTC

Mar 16, 2023

RegulationsNewslettersState of CryptoEthereumSecuritiesSECNYAGBanking

Policy

Silvergate

Silvergate Wasn't Cut Off From Loans, Lender Says

Silvergate Bank said previously it had to accelerate the sale of securities to be able to repay advances from the Federal Home Bank of San Francisco.

By Helene Braun

Mar 15, 2023 at 4:57 p.m. UTC

Mar 15, 2023

SilvergateSilvergate BankMarketsBanking

Finance

Gibraltar

Gibraltar's Xapo Bank Enables GBP Payments, Prepares USDC Option Amid U.S. Crypto Banking Crisis

The retail-focused bank will be allowing users to make GBP payments directly to and from their U.K. accounts or wallets.

By Eliza Gkritsi

Mar 14, 2023 at 4:46 p.m. UTC

Mar 14, 2023

GibraltarXapoBankingSilvergateSilicon Valley BankSignature BankUSDCExclusive

Finance

Silicon valley bank

Banking Crisis in U.S. Likely to Push Crypto Firms Offshore

Switzerland, Lichtenstein and island jurisdictions are among the potential benefactors of the trend.

By Eliza Gkritsi Aoyon Ashraf

Mar 14, 2023 at 3:27 p.m. UTC

Mar 14, 2023

Silicon Valley BankSilvergateSignature BankBankingBanking RegulationSwitzerlandUAEEuropeRegulation

Policy

Analysis

Is This a Crypto Banking Bailout?

It depends on who you ask, but this round of government interventions doesn’t yet resemble the large-scale, taxpayer-involved rescue in the wake of the 2008 financial meltdown...

By Jesse Hamilton

Mar 13, 2023 at 7:21 p.m. UTC

Mar 13, 2023

AnalysisBailoutsTreasury DepartmentFederal ReserveFDICBankingDeposits