A fight is brewing between Silicon Valley Bank's former parent company and the FDICgov over $2 billion. KleinbergKaplan partner DovKleiner shares takeaways from the first day of the bankruptcy hearing 👇:
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As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form ofwhich vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCGArgentina Últimas Noticias, Argentina Titulares
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Republicans request Fed and FDIC oversight records for failed Silicon Valley Bank and Signature Bank
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Silicon Valley Bank's former owner, FDIC bracing for fight over $2 blnSVB Financial Group and the federal regulator that closed its Silicon Valley Bank unit indicated at a bankruptcy court hearing on Tuesday that a fight is looming over $2 billion of the former parent company's cash that was seized along with the lender.
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Opinion | After Silicon Valley Bank failure, American start-ups still need a bankOpinion by Steve Case: At a moment when America’s lead in the global race for innovation is at risk of shrinking — China’s top-down system is gaining steam on our bottom-up approach — we can’t let SVB’s unique role supporting new companies go unfilled.
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Silicon Valley Bank collapse concerns founders of color - New York Amsterdam NewsIn the hours after some of Silicon Valley Bank’s biggest customers started pulling out their money, a WhatsApp group of startup founders who are immigrants of color ballooned to more than 1,000 members.
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First Citizens Bancshares pursuing acquisition of Silicon Valley Bank: BloombergFirst Citizens Bancshares on Sunday offered to buy all of Silicon Valley Bank, Bloomberg reported. The bank, which has acquired 20 failed banks since 2009,...
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Fed was aware of Silicon Valley Bank problems more than a year before its collapseThe Federal Reserve was aware of risks to Silicon Valley Bank more than a year before its collapse, ABC News confirmed.
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