The California-based bank serves a similar clientele as did failed Silicon Valley Bank
More people in the U.K found themselves in precarious financial situations in 2020
The program will also provide three-year loans, up from the two-year loans the Fed previously announced
The one-time, tax-free benefit for workers totals $1,000
EU leaders will hold a virtual summit Thursday to discuss a financial aid package
Economists forecast the unemployment rate for April could hit 20%
The measures will provide added scrutiny until the economy recovers
Online applications will open April 27
More than one in 10 workers have lost their jobs to the coronavirus outbreak
Many worry they won't qualify based on the current criteria