‘Chasing yield’ was an inside joke at SVB—until it led to the bank’s collapse
Here’s another image to illustrate Hardymon’s point that conversations about chasing yield were common at SVB. It’s a photo ...
Business Insider2y
Wall Street keeps winning even in a banking crisis
In Austin, Texas, fintech entrepreneur Henry Yoshida received a phone message: "I just wanted to take a minute to reach back out, obviously with recent news at SVB," the caller said, noting that ...
Hosted on MSN1mon
Silicon Valley Bank's former parent can pursue $1.93 billion FDIC lawsuit
In a decision on Thursday, U.S. District Judge Beth Labson Freeman in San Jose, California said the former parent, now known as SVB Financial Trust, adequately alleged that the FDIC in its corporate ...
Reuters27d
Silicon Valley Bank's former parent sues to reclaim tarnished brand
SVB Financial Trust said First Citizens BancShares (FCNCA.O), opens new tab never acquired or got permission to use the Silicon Valley Bank name, chevron logo, svb.com domain name and "Make Next ...
U.S. News & World Report2y
What Investors Should Know About Silicon Valley Bank's Failure
On Friday, March 10, Silicon Valley Bank, a subsidiary of SVB Financial Group (ticker: SIVB), failed. It marked the end of a rapid descent for the tech-focused commercial lender, which in 48 hours ...
Law24d
Who Owns Silicon Valley Bank Brand After Collapse? Keker Suit Aims to Find Out
A federal lawsuit in California is challenging First Citizens Bank & Trust over its claim to the Silicon Valley Bank brand following the former tech-friendly institution's collapse and government ...