Four Banks Collapse and a Fifth Wobbles in 11 Days of Turmoil

The speed with which four banks collapsed — and one continues to struggle — has left investors reeling. While the failures came in the span of just 11 days, the scenarios that brought them down were each unique.

Here’s how the companies’ turmoil played out, and how regulators responded, amid concern the crisis might still spread:

Silvergate

Silvergate Capital Corp. was the first US bank to collapse, done in by its exposure to the crypto industry’s meltdown. With authorization from the Federal Reserve, the Federal Deposit Insurance Corp. had tried to step in, discussing with management ways to avoid a ...