The collapse of SBV could lead to increased scrutiny around potential risks for banks.

Switzerland’s reputation for secure, secret banking goes back to at least WW I. But its banks have changed over time, with mixed results.

Banks may get stingier and more selective with loans, and that could hurt businesses that need them.

“Financial conditions” lately have been anything but simple.

SVB has a “$15 billion hole,” says Semafor’s Liz Hoffman. Banks big enough to take on the challenge were initially not invited to bid.

The Treasury is changing the certification process for the first time in more than two and a half decades.

In the face of high inflation, rising interest rates and a slowing global economy, banks are setting aside reserves — just in case.

Even as online banking has become more common, having face-to-face interaction with consumers is still important.

The Federal Reserve found that over 40% of rural counties lost bank branches in the five years to 2017.