Similar Stories to Silicon Valley Bank Failed But Thanks To The Fdic Many Customers Will Get Their Money Back on Bing News

Banks don't fail frequently. Silicon Valley Bank was the first since 2020. Since the bank is FDIC-insured many customers will gain access to deposits      

BING NEWS:
  • Why banks fail: Outgoing FDIC chief Martin Gruenberg assesses banking industry risks
    By most measures, the nation's banking system is in solid shape, with just two failures in 2024. Yet the outgoing chairman of the FDIC offers caution.
    01/24/2025 - 2:01 am | View Link
  • List of failed banks: 2009-2025
    The following tables list the number of U.S. banks that have failed since 2009. There were five bank failures in 2023, a year with some of the largest bank failures in U.S. history. They included ...
    01/21/2025 - 1:18 pm | View Link
  • 17 Silicon Valley Bank execs sued by the FDIC for their role in its collapse
    The Federal Deposit Insurance Corporation (FDIC) filed a massive lawsuit today targeting 17 former executives and directors of Silicon Valley Bank (SVB), ...
    01/17/2025 - 10:00 am | View Link
  • FDIC sues 17 ex-SVB executives in alleged ‘gross negligence’
    The complaint filed Thursday includes the former CEO and CFO of the failed California-based bank, four other ex-executives and 11 former directors.
    01/17/2025 - 6:25 am | View Link
  • FDIC sues 17 former Silicon Valley Bank executives, directors over collapse
    It disrupted many technology startups whose deposits it held, and upset many customers ... in an FDIC-arranged sale. Silicon Valley Bank had about $209 billion of assets when it failed.
    01/16/2025 - 9:51 pm | View Link
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