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 ...
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 ...
cryptopolitan20h
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 17 former Silicon Valley Bank executives over collapse
The FDIC sued 17 former executives and directors of Silicon Valley Bank on Thursday, seeking to recover billions of dollars for alleged gross negligence and breaches of fiduciary duty that caused the ...
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 ...
BlackRock and Vanguard own huge amounts of bank shares—but only one agrees with FDIC policy on undue influence
Vanguard has already signed an agreement with the FDIC while BlackRock is reportedly pushing to delay until the Trump ...
American Banker23h
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 billion.
Institutional Investor2d
BlackRock Gets FDIC Extension as Asset Managers Wait for a New Regulatory Regime
Late last year Vanguard Group entered into an agreement with the Federal Deposit Insurance Corporation as the regulator ...
The Financial2d
FDIC’s Gruenberg warns against ‘false sense of complacency’ in bank oversight
In one of his last speeches before exiting his current role, FDIC Chairman Martin Gruenberg said he was worried that ...
Risk5d
Trump 2.0 bank supervision: simpler but no soft touch?
Hill said the official reviews released after the collapse of Silicon Valley Bank in March 2023 had revealed a supervisory ...
American Banker3d
FDIC's Gruenberg warns of risks associated with 'innovation'
In what is likely his final speech before resigning as chair of the Federal Deposit Insurance Corp., Martin Gruenberg warned ...
My Strategy For U.S. Bancorp Stock Going Into Earnings And Beyond
Major super-regional bank U.S. Bancorp will release its fourth quarter and full year 2024 earnings report on Thursday, ...