Banks are supposed to be boring. They take deposits from people like us and pay us a low rate of interest. And lend most of these deposits out to others and earn a higher rate of interest. In the process, they make a decent chunk of money. They also invest some of the money into things like bonds. I...

A little-known California bank has become the biggest story in markets. The Federal Deposit Insurance Corporation (FDIC) is taking control of SVB Financial after its stock-price crash dragged on the biggest names in US banking, including JPMorgan and Bank of America. Here's everything you need to kn...