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Silicon Valley Bank's former parent company filed for bankruptcy a week after a run on deposits prompted regulators to seize its banking unit.

The bank's shares tumbled again on Friday, set for their worst week ever, as sentiment around the lender remained fragile even after proposals for $30 billion of aid from Wall Street's biggest banks.

Employees of the collapsed bank are using LinkedIn, and old-school means, to find new jobs.

Shadows loomed over Credit Suisse and First Republic early Thursday, but the sector outlook brightened after billions of deposits were pledged to the U.S. bank.

The $54 billion lifeline won by Credit Suisse on Thursday gives it a fighting chance to rebuild its business. Some clients aren't waiting around to find out how that goes.

The liquidity facility launched by the central bank over the weekend saw limited uptake compared to other emergency funding options.

Leaders said the value of learning about emerging technologies outweighs a tighter economic environment.

The National Credit Union Administration unanimously approved modifications to its 2020 rule that raise maturity ceilings on offerings and simplifies redundant language.

Treasury Secretary Janet Yellen took the first step of walking back an implicit guarantee by the U.S. government that other banks would see their depositors fully backstopped should the bank fail.

Sen. Sherrod Brown, chairman of the Senate Banking Committee, said in a letter to regulators that they should consider the role of social-media-led coordination among depositors.