SVB Sues FDIC Over $1.9B 'Lawless' Holdback

By Hilary Russ ( December 20, 2023, 7:06 PM EST) -- The bankrupt former parent company of Silicon Valley Bank sued the Federal Deposit Insurance Corp. on Monday in California federal court in its latest bid to get the deposit insurer to return $1.93 billion the company says is being "unlawfully" withheld....

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