Banking turmoil: Latest updates

Key legal and regulatory developments

As the situation surrounding the collapse of Silicon Valley Bank continues to progress, we are closely monitoring the latest developments and trends in banking, technology, healthcare, consumer markets, renewable energy and other affected sectors.

Our multidisciplinary team of lawyers evaluates the ongoing impacts on businesses and organizations in the face of unprecedented change and provides strategic guidance in the emerging areas of concern, including regulation and enforcement, projects, restructuring and employment and labor.

Our resource hub presents the latest news, insights and guidance to help our clients navigate current events.

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Latest insights

Beyond SVB and interest rates

The collapse of Silicon Valley Bank (SVB), Signature Bank and Silvergate Bank, and the sale of Credit Suisse to UBS – each of which have involved a combination of deposit guarantees, bail outs and bail ins under statutory bank resolution processes – have led to questions about contagion risk for other banks across the world and a deep analysis of the causes of the current banking crisis.

Global | Publication | April 05, 2023

Banking turmoil - Insights

The impact of Silicon Valley Bank’s parent’s bankruptcy filing

Silicon Valley Bank was seized by the California Department of Financial Protection and Innovation and placed into FDIC receivership.

Global | Publication | March 21, 2023

Banking turmoil - Insights

President Biden seeks expansion of power to punish executives of failed banks

Silicon Valley Bank was seized by the California Department of Financial Protection and Innovation and placed into FDIC receivership.

Global | Publication | March 20, 2023

Banking turmoil - Insights

Currents Ep202: Bridge Banks: Silicon Valley Bank and Signature Bank Market Watch

Norton Rose Fulbright's Currents Podcast features in-depth discussions on the latest developments on the Silicon Valley Bank.

Global | External | March 16, 2023

Banking turmoil - Insights

Calming the storm after the SVB collapse: Robust prudential policy the key to financial stability

Calming the storm after the SVB collapse: Prudential policy the key to stability

The collapse of Silicon Valley Bank, Signature Bank and Silvergate Bank in the last week has caused turmoil in global financial market.

Global | Publication | March 16, 2023

Banking turmoil - Insights

Silicon Valley Bank and Signature Bank taken over by regulators

Silicon Valley Bank, a California bank insured by the FDIC, was seized by the California Department of Financial Protection and Innovation, and placed into FDIC receivership.

Global | Publication | March 14, 2023

Banking turmoil - Insights