The major central banks of the world will step up so-called swap line operations, which give non-US central banks greater access to dollars.
Plea of Tim Mayopoulos, head of Silicon Valley Bridge Bank, comes as large banks reportedly see an influx of funds after SVB's collapse last week, the largest US bank failure since 2008.
The fate of the remaining $3.5 billion that US President Joe Biden has set aside for 9/11 victims remains uncertain.
The Asian markets on Monday suffered amid concerns that most major central banks are committed to raising interest rates no matter the risks to growth.
S&P 500 gains after US Federal Reserve raises interest rate by three-quarters of a point — largest bump since 1994 — and hints at more rate hikes ahead as it tries to cool off nation's economy without causing a recession.
Wall Street tumbles into what's called a bear market after fears about a fragile economy and rising interest rates sent the S&P 500 more than 20 percent below its record set early this year.
US and China take steps toward market stability while optimism increases over Russia-Ukraine negotiations, bringing new hope for global market recovery.
Is a surge in gold demand here to stay?
Global stock markets and Wall Street futures tumbled after the Federal Reserve indicated it will raise interest rates soon to cool inflation.
The record levels of inflation come at a time when the EU is experiencing unprecedented social tensions.
Afghanistan has some $9 billion in reserves abroad - most of it held with the US Fed, says the central bank governor.
United Nations Security Council meets to discuss Myanmar crisis as pro-democracy activists hold fresh demonstrations against the military coup.
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