• 09/23/2024

Silicon Valley Bank’s Former Parent Sues FDIC Over $2 Billion

Wall Street Journal

SVB Financial, which owned Silicon Valley Bank before it collapsed in March, is suing the FDIC for withholding access to roughly $2 billion of its own deposits at the bank.

https://www.wsj.com/articles/silicon-valley-banks-former-parent-sues-fdic-over-2-billion-in-deposits-e710cc12