The FDIC on Thursday sued 17 former executives and directors of Silicon Valley Bank, seeking to recover billions of dollars ...
By most measures, the nation's banking system is in solid shape, with just two failures in 2024. Yet the outgoing chairman of ...
US regulators have abruptly shut down a bank in Illinois in the first bank failure of 2025. The Federal Deposit Insurance ...
The Federal Deposit Insurance Corporation (FDIC) filed a massive lawsuit today targeting 17 former executives and directors ...
The lawsuit alleges mismanagement and fiduciary breaches caused SVB's 2023 collapse, costing the Deposit Insurance Fund $23 ...
The following tables list the number of U.S. banks that have failed since 2009. There were five bank failures in 2023, a year ...
Larger U.S. bank failures include Lehman Brothers in 2008, Washington Mutual including its banking unit in 2008, and First Republic in 2023. The case is FDIC as receiver v Becker et al ...
(Reuters) - 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 ...