Axios

Silicon Valley Bank says it's still serving 81% of its old customers, but the events a year ago undoubtedly resulted in client defections that benefited the competition.

State of play: Many customers switched to other established banks, and a number of businesses shifted to startup-focused neo-banks. Here's how two of them fared.

A growing number of employers are beefing up workers' child care benefits — driven by a labor market that gives workers more power and the inordinate difficulty of caregiving.

The big picture: 56% of American companies say they're prioritizing care benefits in 2024, according to a new Care.com survey of C-suite and HR leaders.

Roughly half of Americans are willing to split the bill on buying a home in less traditional ways, per a new study.

Why it matters: Buying with a friend is one way to make this wild market more manageable.

Just days before the one-year mark of Silicon Valley Bank's collapse, New York Community Bancorp avoided the same fate, thanks to a $1 billion cash infusion led by former Treasury Secretary Steve Mnuchin.

Why it matters: Despite all the ink spilled over the need to strengthen American banks in the past year, we're only at the beginning.