FDIC sues 17 former Silicon Valley Bank executives, directors over collapse
The FDIC on Thursday sued 17 former executives and directors of Silicon Valley Bank, seeking to recover billions of dollars ...
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FDIC sues 17 ex-SVB executives in alleged ‘gross negligence’
The complaint filed Thursday includes the former CEO and CFO of the failed California-based bank, four other ex-executives ...
FDIC Sues Ex-SVB Executives for Billions Over Bank’s Collapse
The Federal Deposit Insurance Corp. sued more than a dozen former Silicon Valley Bank executives for “egregious mismanagement ...
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17 Silicon Valley Bank execs sued by the FDIC for their role in its collapse
The Federal Deposit Insurance Corporation (FDIC) filed a massive lawsuit today targeting 17 former executives and directors ...
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FDIC sues 17 former SVB leaders for negligence leading to failure
The lawsuit alleges mismanagement and fiduciary breaches caused SVB's 2023 collapse, costing the Deposit Insurance Fund $23 ...
Why banks fail: Outgoing FDIC chief Martin Gruenberg assesses banking industry risks
By most measures, the nation's banking system is in solid shape, with just two failures in 2024. Yet the outgoing chairman of ...
BlackRock and Vanguard own huge amounts of bank shares—but only one agrees with FDIC policy on undue influence
Vanguard has already signed an agreement with the FDIC while BlackRock is reportedly pushing to delay until the Trump administration takes over later this month.
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Kansas Bank's Suit Could Upend FDIC Enforcement Authority
On Nov. 19, 2024, the Federal Deposit Insurance Corp. issued a notice of assessment finding that between December 2018 and August 2020, CBW Bank — ...
HSBC is thinking globally, but acting locally, to build 'Innovation Banking' from the Bay Area
Buying the U.K. operations of SVB for barely $1 gave HSBC a toehold for its startup banking ambitions Silicon Valley Bank’s ...
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FDIC sues 17 former Silicon Valley Bank executives over collapse
(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 ...