Federal Reserve Building
In this May 22, 2020, file photo, a car drives past the Federal Reserve building in Washington.
  • Banks rushed to borrow unprecedented amounts from the Federal Reserve's traditional backstop following SVB's collapse, new data shows.
  • Lenders took up $153 billion from the Fed's discount window in the week to March 15, topping a previous high of $111 billion. 
  • Banks also borrowed $11.9 billion from the Fed's new emergency loan tool launched following SVB's downfall. 

Banks rushed to borrow unprecedented amounts from the Federal Reserve as the failures of Silicon Valley Bank and Signature Bank rattled Wall Street.