The collapse of Silicon Valley Bank (SVB) marks the biggest banking failure since 2008, sending shockwaves through the ...

The FDIC on Thursday sued 17 former executives and directors of Silicon Valley Bank, seeking to recover billions of dollars for alleged gross negligence and breaches of fiduciary duty that caused the ...

The complaint, submitted to the San Francisco-based District Court for the Northern District of California, accuses the former SVB officials, including the CEO, of ignoring prudent banking standards ...

“SVB represents a case of egregious mismanagement of interest-rate and liquidity risks by the Bank’s former officers and directors,” the FDIC said in the complaint, highlighting that the ...

FDIC Sues Ex-SVB Executives for Billions Over Bank’s Collapse Ex-CEO, CFO of Silicon Valley Bank accused of mismanagement Bank’s 2023 failure was biggest since 2008 financial crisis ...

A Government Accountability Office report Thursday said emergency actions taken by federal regulators in the wake of Silicon ...

Buying the U.K. operations of SVB for barely $1 gave HSBC a toehold for its startup banking ambitions Silicon Valley Bank’s ...

(Reuters) — The FDIC sued 17 former executives and directors of Silicon Valley Bank on Thursday, seeking to recover billions of dollars for alleged gross negligence and breaches of fiduciary ...