• 11/25/2024

Investors Bet on Defeating FDIC Claim to $2 Billion SVB Financial Deposit

Wall Street Journal

SVB Financial bondholders are raising their bets in a bankruptcy-court battle with the Federal Deposit Insurance Corp. that they can defeat the agency’s claim to nearly $2 billion that Silicon Valley Bank’s parent company had on deposit with the bank when it failed.

https://www.wsj.com/articles/investors-bet-on-defeating-fdic-claim-to-2-billion-svb-financial-deposit-641436f3