SVB Parent Demands FDIC Fork Over $1.9B Account Funds

By Lauren Berg · July 10, 2023, 7:59 PM EDT

The former parent of the defunct Silicon Valley Bank demanded Sunday that the Federal Deposit Insurance Corp. hand over $1.9 billion in account funds that were maintained at the bank, arguing...

To view the full article, register now.

Documents

Case Information

Case Title

SVB Financial Group and SVB Financial Trust

Case Number

1:23-bk-10367

Court

New York Southern

Nature of Suit

Date Filed

March 17, 2023