Wealthy elites oversaw a massive bank collapse Now they re suing to claw back billions bizpacreview.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizpacreview.com Daily Mail and Mail on Sunday newspapers.
SVB Financial sues US regulator to recover $1 93bn seized in March thenationalnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenationalnews.com Daily Mail and Mail on Sunday newspapers.
The bankrupt former owner of the defunct Silicon Valley Bank, sued the Federal Deposit Insurance Corporation, accusing the regulator of illegally holding on to funds that it seized when SVB imploded in March.
California tech lender Silicon Valley Bank's (SVB) parent company sued the Federal Deposit Insurance Corporation (FDIC) on Sunday for nearly $2 billion.
SVB Financial Group's (SVBFG) wealthy board of directors presided over the California tech lender's failure and currently are suing the FDIC for billions.