Big banks create $30B rescue package for First Republic

Eleven of the biggest banks in the country announced a $30 billion rescue package for First Republic Bank on Thursday, in an effort to prevent the California-based bank from becoming the third bank to fail in less than a week and head off a broader crisis in the banking sector. 

Silicon Valley Bank crisis: Feds move in to help

In an effort to shore up confidence in the banking system, the Treasury Department, Federal Reserve and FDIC said that all Silicon Valley Bank clients would be protected and able to access their money.