Silicon Valley Bank, which was acquired two years ago by First Citizens Bank (NASDAQ:FCNCA) after suffering a massive bank ...
This action was surfaced by Law.com Radar, which delivers real-time alerting on new litigation across more than 2,600 state ...
The North Carolina lender that bought much of Silicon Valley Bank following its March 2023 seizure was sued for trademark ...
Its main business, Silicon Valley Bank, was a commercial bank with $212 billion in assets as of the end of 2022 which collapsed into FDIC control on March 10, 2023. It also operates through its ...
(Reuters) - Silicon Valley Bank's former parent may pursue a lawsuit to recover $1.93 billion of deposits that the Federal Deposit Insurance Corp seized following the bank's March 2023 collapse, a ...
On the second anniversary of the bank’s failure, the senator chastised the central bank for failing to complete rulemakings ...
The FDIC, which insures bank deposits, failed to adequately oppose a claim that it owes those funds to the bank’s former parent, Silicon Valley Bank Financial Trust, US District Judge Beth ...
To receive daily news and insights, subscribe to our free daily Banking Dive newsletter. SVB Financial Trust is suing Silicon Valley Bank acquirer First Citizens Bancshares for its continued use ...
That’s what happened to them in 2008 as real estate collapsed. But now-infamous Silicon Valley Bank ran afoul of the second challenge. SVB was an unusual institution that held considerably more ...
Did panicky tweets kickstart a bank run on Silicon Valley Bank (SVB) last month? Five researchers from universities across the U.S. and Europe tackled this thorny question in a new working paper ...