US regional bank stocks soared on Wednesday after Western Alliance Bancorp reported a deposit growth of over $2 billion since April. Earlier in the year, the US banking system, especially its regional banks, came under pressure after the collapse of the Silicon Valley Bank, Signature First Bank and First Republic Bank.

Regional bank stocks soar: Is the US banking crisis ending soon?

The San Francisco-based First Republic Bank became the new entrant to the banking crisis plaguing the US economy after it was placed under the receivership of the US Federal Deposit Insurance Corporation (FDIC).

Explained: What's happening at First Republic? The cascading fall of another US bank

The Federal Reserve failed to “take forceful enough action” before the collapse of the Silicon Valley Bank last month, said the United States central bank, on Friday (April 28).

Federal Reserve admits fault, blames Silicon Valley Bank executives for collapse, calls for stricter rules

At least nine members of the US Congress sold banking stocks before and during the banking turmoil in March, sparking suspicions of possible insider trading, The Financial Times has reported.

At least 9 US lawmakers sold banking stocks prior to market turmoil: Report

Whilst COVID-19 emerged to spell doom for the global economy back in 2019, it induced a golden period for the Indian startup ecosystem. Indian companies suddenly became the favourites of global investors as they kept pouring in massive funding incessantly.

Explained: Why are foreign investors no longer funding Indian startups? 

JP Morgan reported a surge in deposits in the first quarter, as the sudden collapse of two US regional banks in March drove customers to move their money to bigger lenders.

JP Morgan bank sees a surge in deposits amid US banking crisis

Legendary investor Warren Buffett, who is often sought for his opinion on global banking and finance, has shared his views about the banking crisis in the United States.

Warren Buffett warns of more bank collapses in 2023

India's Tata Consultancy Services has blamed the banking crisis in the United States for its weak results in the March quarter. The tech giants said that some clients in North America's banking sector deferred project spending due to the crisis.

India's TCS' outlook bleaker for current quarter, blames US banking crisis | World Business Watch