American Banker12d
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 ...
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 ...
cryptopolitan12d
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 ...
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 ...
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 ...
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 ...
Banking regulator rescinds more than 200 job offers for examiners it needs
A government-wide hiring freeze is adding to a staffing shortage at the Federal Deposit Insurance Corp., complicating the ...
National Mortgage News6d
GAO: post-SVB emergency actions 'likely' prevented crisis
A Government Accountability Office report Thursday said emergency actions taken by federal regulators in the wake of Silicon ...
CNN13d
FDIC sues 17 former Silicon Valley Bank executives over collapse
The FDIC faulted the bank’s overreliance on unhedged ... less than three months before its demise. “SVB represents a case of egregious mismanagement of interest-rate and liquidity risks ...