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 for alleged gross negligence and breaches of fiduciary duty that caused the ...
Are deposits at the bank protected by the FDIC? Ask the Lawyer
Ask the Lawyer columnist Ron Sokol discusses how the Federal Deposit Insurance Corporation seeks to keep your banking ...
CNN25d
FDIC sues 17 former Silicon Valley Bank executives over collapse
In a complaint filed in San Francisco federal court, the FDIC, in its capacity the bank’s receiver, said the defendants ignored fundamental standards of prudent banking and the bank’s own risk ...
Yahoo Finance25d
FDIC sues 17 former Silicon Valley Bank executives, directors over collapse
(Reuters) - The FDIC on Thursday sued 17 former executives and directors of Silicon Valley Bank, seeking to recover billions of dollars for alleged gross negligence and breaches of fiduciary duty ...
JD Supra11d
As Predicted, Silicon Valley Bank Failure Will Test Fiduciary Duties Of Officers And Directors Under California Law
I wrote that the the Board of Directors of the Federal Deposit Insurance Corporation had voted unanimously to approve the ...
A primer on lien release and bank failure
University of Minnesota Extension The current economic situation creates many challenges. One may be for a person who had a loan through a bank that has failed, ...
American Banker24d
Pulaski Savings Bank fails, Millennium Bank assumes deposits
The Federal Deposit Insurance Corp. was appointed as the receiver and all the banks' $42.7 ... It will also purchase approximately $45.0 million of the failed bank's assets," an agency release noted. ...