These are usually bonds declared by management as intended to be held till the maturity date when the bank can collect the face value of such bonds. In SVB’s case, $63 billion of these were ...

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 ...

SVB Capital wasn't included in the sale of SVB's lending and wealth management units to North Carolina-based bank First Citizens, nor last fall's sale of SVB's securities unit to management.

Wilcox believes it wasn’t just SVB’s decision to chase yield that caused issues either. Part of the reason the bank collapsed was management’s failure to control the growth of its deposits ...

"SVB has been such a great ... The bidding has been opened up to non-bank institutions. It closed on Friday. At first, the communication from management was dismal, both to our clients, and ...

Latest news and analysis on the fallout from the failure of Silicon Valley Bank, the lender to start-ups which became the second-largest bank collapse in US history.

The Federal Deposit Insurance Corp. Thursday sued 17 former executives and directors of Silicon Valley Bank, accusing them of gross negligence and breaching fiduciary duties the agency says ...

(Reuters) — The FDIC sued 17 former executives and directors of Silicon Valley Bank on Thursday ... “at a time of financial distress and management weakness” in December 2022, less than ...

Emergency actions taken after the failure of Silicon Valley Bank in the spring of 2023 "likely" prevented further unrest in the financial system, according to a government watchdog audit. But while ...