BBC News, I'm John Shay.
The US government says it will ensure that all account holders at the failed Silicon Valley Bank will be able to retrieve any funds they have on Monday morning.
A US treasury and Federal Reserve official added that equity and bondholders with SVB as well as Signature Bank of New York, which is also failed, would be wiped out.
Our North America technology correspondent James Clayton reports.
Those two banks with Silicon Valley Bank were generally startups, venture capitalists, the Silicon Valley elite.
Some believed as a result of that profile, they might not be treated with much sympathy.
But on Sunday night, the US Federal Reserve said that depositors in both Silicon Valley Bank and New York based Signature Bank would not lose their money.
People's deposits will be guaranteed by a depositors insurance fund and not the taxpayer.
The hope is that this will calm markets and depositors who have money in other banks across the world.
There had been fears of contagion.
Saudi Arabia has executed a Jordanian man for drug smuggling in a case that's caused international concern.
Hussein Abu al-Khair was arrested in 2014 as he crossed the border from Jordan.
Our world affairs correspondent Caroline Hawley has more details.
The Saudi say the amphetamines were found in his car.
His family convinced they weren't his that he was too poor to have being able to afford nearly that amount of drugs.
He was then sentenced in 2015 and convicted after a grossly unfair trial according to Amnesty International.
The UN working group on arbitrary detention looked into his case and said it lacked legal basis or his detention lacked legal basis.
And then the UN Human Rights Office called for his release last November.
Around 30 people are missing, feared dead after a boat carrying migrants capsized off the coast of Libya.
A humanitarian group Alarm Phone said it alerted the authorities in Libya, Italy and Malta after it had been contacted by migrants on the boat on Saturday.
Italian coast guard said the vessel was in Libya's search and rescue zone, and was difficult to reach because of bad weather.
Nicaragua has suspended relations with the Vatican after Pope Francis compared the government of Daniel Ortega to the Nazis under Hitler and to the Soviet communists.
Our America's editor Leonardo Russia has more details.
In a recent interview, the Pope described Mr. Ortega's regime as a brutal dictatorship.
He criticized the recent arrest of bishop Rolando Alvarez, who had accused Nicaragua's left-wing government of systematic human rights violations.
The bishop was on a list of more than 200 opposition figures who were given an ultimatum last month, either leave the country immediately or stay and face charges.
He refused to go and shortly after was sentenced to 26 years in jail. Leonardo Russia reporting.
This is the latest world news from the BBC.