JPMorgan Chase Bank assumed all of First Republic Bank's deposits and nearly all assets, making all depositors of First Republic Bank depositors of JPMorgan Chase Bank as of Monday, May 1, 2023.

The FDIC concluded that the root cause of Signature Bank’s failure was poor management and illiquidity, exacerbated by contagion effects from Silvergate Bank's and Silicon Valley Bank's closings.

Before the House Financial Services Subcommittee on National Security, Illicit Finance, and International Financial Institutions, Treasury Under Secretary Brian E. Nelson and FinCEN Acting Director Himamauli Das reviewed efforts to combat illicit finance and strengthen the U.S. AML/CFT regime.

The Federal Reserve Board concluded that the failure of Silicon Valley Bank was due to a “textbook case” of mismanagement of basic interest rate and liquidity risk, in addition to insufficient supervision from the bank’s board of directors and Federal Reserve supervisors.

The Financial Stability Oversight Council requested comments on (i) proposed new interpretative guidance on the process for designating nonbank financial institutions for heightened Federal Reserve Board supervision, and (ii) a proposed analytic framework for "identifying, assessing and addressing" financial stability risks.