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SVB Financial Group said Tuesday the Federal Deposit Insurance Corporation had taken “improper actions” to cut it off from cash held at its former subsidiary Silicon Valley Bank, which … ...
SVB ranked as the 16th-largest bank in the US at the time of its collapse. Its failure was the second-largest in US history, and the largest since the downfall of Washington Mutual during the ...
When SVB needed to shore up its financials earlier this month, it sold all of its available-for-sale securities — $21 billion in bonds.
SVB’s 2022 year-end regulatory reports show $209 billion in assets funded with about $175.5 billion in deposits, of which about $157 billion were held in accounts with balances in excess of the ...
A Social Science Research Network study says that 186 American banks could be vulnerable to the same failure as Silicon Valley Bank (SVB) if half of their depositors withdraw money.
Bankrupt SVB Financial Group has sued the U.S. Federal Deposit Insurance Corp (FDIC) to recover the $1.93 billion that the regulator seized while it took over Silicon Valley Bank in March, a ...