On top of recession fears and elevated regulatory scrutiny, worry about the banking industry's weakness could delay the approval of mergers such as Toronto-Dominion Bank's pending acquisition of First Horizon.

According to industry experts, the deal failed because SVB publicly introduced risk to depositors and investors by announcing a need for capital. 

The Federal Deposit Insurance Corp. says it has extended the deadline for bids on Silicon Valley Bank, will break the bank into two parts for sale and will allow nonbanks to bid on asset portfolios.

UBS Group is paying 3 billion francs ($3.3 billion) for its rival in an all-share deal that includes extensive government guarantees and liquidity provisions.

The high-stakes acquisitions of 2008 and subsequent legal liabilities have sapped enthusiasm from many prospective buyers for Silicon Valley and Signature Banks. The Federal Deposit Insurance Corp. may end up having to sell assets piece by piece.

While the new deposits may have staved off a depositor run, some investors are concerned that it hasn't added any new equity to the bank.

Charles Schwab Corp., one of the financial firms whose shares have been roiled by the current banking crisis, says it has added a net $16.5 billion in five days.

Coinbase has yet to decide where the platform might be based, but it has been speaking to market makers about connecting to it.

Wally Murray, who has spent 35 years at the $1.8 billion asset credit union and the last 22 as its president and CEO, retired March 14.

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.

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.

Banks including JPMorgan Chase & Co., Citigroup Inc., Bank of America Corp., Wells Fargo & Co., Morgan Stanley and others are said to be are part of the discussions.

Banks including JPMorgan Chase, Citigroup, Bank of America and Morgan Stanley are part of the discussions, according to people familiar with the situation.

The company agreed to pay $27.2 million in restitution to shareholders and revised its 2022 earnings to show a steep loss. The plea agreement with the Department of Justice was tied to Sterling's now defunct low-documentation mortgage program.

The San Francisco bank is said to be exploring strategic options that include a sale, according to people familiar with the matter. The firm is also weighing options for shoring up liquidity, some of the people said.

Credit Suisse Group AG sought to arrest a collapse in investor confidence Thursday by opening a 50 billion Swiss franc credit line with the country's central bank and offering to buy back debt, as executives and government officials plot the next steps for the troubled lender.

In the aftermath of the bank run, some investors blamed their counterparts for igniting panic.

Crossing the $500 million-asset mark helps credit unions improve membership numbers and loans, but regulatory data shows that many are choosing to stay small. The reason may be more emotional than practical.

Shares of First Republic slumped by as much as 26% Wednesday, with other regional banks also lower in another volatile day of trading.