Silicon Valley Bank's former parent may pursue a lawsuit to recover $1.93 billion of deposits that the Federal Deposit Insurance Corp seized following the bank's March 2023 collapse, a federal judge ...

Since 2010, when the FDIC insurance limit was increased to $250,000 the amount of uninsured deposits has shot up.

The Federal Deposit Insurance Corp., the government agency that insures and regulates thousands of banks across the U.S., ...

The FDIC, which insures bank deposits, failed to adequately oppose a claim that it owes those funds to the bank’s former parent, Silicon Valley Bank Financial Trust, US District Judge Beth ...

Since the collapses of Silicon Valley Bank and Signature Bank, coverage from the Federal Deposit Insurance Corporation (FDIC) has been in the spotlight. The FDIC protects up to $250,000 per ...

Understanding FDIC insurance can help you protect your money from bank failures and provide peace of mind. What is FDIC ...

There were no failures among the nearly 4,800 institutions the FDIC insured in 2021 or 2022, but that changed in March 2023, when the run on Silicon Valley Bank led to the second-largest bank ...

Silicon Valley Bank's Former Parent Can Pursue $1.93 Billion FDIC Lawsuit By Jonathan Stempel (Reuters) - Silicon Valley Bank's former parent may pursue a lawsuit to recover $1.93 billion of ...

(Reuters) - Silicon Valley Bank's former parent may pursue a lawsuit to recover $1.93 billion of deposits that the Federal Deposit Insurance Corp seized following the bank's March 2023 collapse, a ...