It was a busy weekend for regulators in the US and the UK as both countries worked hard to stem the contagion from the collapse of the Silicon Valley Bank (SVB) and Signature Bank, a New York-based lender with $110bn in assets which was shuttered by state authorities on Sunday and make whole all its depositors. Here’s a quick summary of the events so far: In the US, on Sunday, March 12th, a joint statement by America’s Treasury, the Federal Reserve, and the Federal Deposit Insurance Corporation (FDIC) outlined two major action points: The first was to fully repay depositors in SVB and Signature Bank. Depositors in both banks will have full access to their money on...