SVB Financial Trust said First Citizens BancShares (FCNCA.O), opens new tab never acquired or got permission to use the Silicon Valley Bank name, chevron logo, svb.com domain name and "Make Next ...

must face a lawsuit seeking the return of $1.93 billion the government agency seized after the collapse of Silicon Valley Bank in 2023. The FDIC, which insures bank deposits, failed to adequately ...

Much remains unclear in the wake of SVB's fall, but what's certain is the impact the bank's collapse will have across several industries for years to come. Rho's employees are running on empty.

On Friday, March 10, Silicon Valley Bank, a subsidiary of SVB Financial Group (ticker: SIVB), failed. It marked the end of a rapid descent for the tech-focused commercial lender, which in 48 hours ...

But now-infamous Silicon Valley Bank ran afoul of the second challenge. SVB was an unusual institution that held considerably more debt securities, such as government bonds, than it did loans ($ ...