UK racing to secure deal to protect firms from Silicon Valley Bank collapse

Rishi Sunak and Jeremy Hunt explore options to help tech and life sciences sectors

US guarantees all deposits after Silicon Valley Bank collapse, as Biden promises action

Announcement comes as Signature Bank was closed on Sunday by regulators – the second to fail in a week

SVB specialised in high-growth startups, solving problems other lenders would not touch

Industry leaders expected to call for state intervention to avoid failure of hundreds of UK firms

US regulators seize SVB’s assets after a run on the bank, as global institutions monitor situation closely

Shutdown and takeover of bank by regulators can be traced to the Fed raising interest rates and risk-averse investors

City regulator estimates 356,000 borrowers may be at risk of missing monthly payments by summer 2024

Wind-down and liquidation plan follows mass withdrawal of deposits after collapse of FTX exchange

US bank moves against former employee in attempt to make him liable for any penalties from civil lawsuits

Three Russians and one Swiss national appear in court in connection with accounts in name of Putin’s friend Sergei Roldugin

Bank apologises after error results in elderly woman having account closed and phone and energy cut off

Scammers posed as Citibank agents and convinced me to buy a high-return investment bond

Stock price of crypto-focused US bank plummeted in Thursday trading and it is assessing its ability to keep going

Company criticised for late filing of accounts made profit of £26.3m in year to December 2021

Swiss bank is seeking to recover $10bn of funds linked to collapsed supply chain finance firm