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JUST IN: Pfizer $PFE to acquire Seagen for $43 billion to "battle cancer."

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JUST IN: FDIC says Silicon Valley Bank $SIVB shareholders & certain unsecured debt holders won鈥檛 be protected.

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JUST IN: First Republic Bank $FRC, with $212 billion in assets, sees its stock down 55% pre-market.

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JUST IN: 馃嚞馃嚙 HSBC Holdings agrees to acquire Silicon Valley Bank UK for 拢1.

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JUST IN: Binance to convert $1 billion industry recovery fund from $BUSD to Bitcoin, ETH, & BNB.

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In 2022, Jim Cramer said "you could make a lot of money" with Signature Bank $SBNY.

Today, the bank was shut down by regulators, making it the 3rd largest banking failure in US history.
JUST IN: Coinbase $COIN says it holds $240 million in now-collapsed Signature bank.

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JUST IN: Circle CEO says 100% of $USDC reserves are safe and secure.

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JUST IN: 馃嚭馃嚫 US Treasury Official says this "situation is not 2008."

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JUST IN: 馃嚭馃嚫 US says Signature bank closed today by state authority.

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BREAKING: 馃嚭馃嚫 US says all Silicon Valley Bank $SIVB depositors will have access to their money on Monday.

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JUST IN: Ripple CEO confirms the company had an undisclosed amount of cash in Silicon Valley Bank $SIVB.

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JUST IN: Silicon Valley Bank $SIVB website is offline.

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JUST IN: Silicon Valley Bank $SIVB deactivated its Twitter account.

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JUST IN: 馃嚞馃嚙 Bank of London officially submits bid for Silicon Valley Bank UK.

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JUST IN: 馃嚭馃嚫 US officials consider bailing out all Silicon Valley Bank deposits, WAPO reports.

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JUST IN: 馃嚭馃嚫 US banks have over $620 billion in unrealized losses, FDIC says.

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JUST IN: FDIC auction for Silicon Valley Bank underway, final bids due Sunday, Bloomberg reports.

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JUST IN: 馃嚭馃嚫 US government to make material announcement on Silicon Valley Bank to prevent further fallout.

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