SVB's former owner sues US banking watchdog to recover $1.9bn

'Most significant asset' of the group

Valeria Martinez
clock • 1 min read

Silicon Valley Bank’s former owner, SVB Financial Group, has sued the US Federal Deposit Insurance Corporation as it seeks to recover $1.9bn in cash the regulator has held since taking over the group’s banking arm in March.

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Companies

Schroders hits £825bn AUM amid 'significantly improved flows'

Schroders hits £825bn AUM amid 'significantly improved flows'

£11bn in net new business

Patrick Brusnahan
clock 15 January 2026 • 1 min read
Premier Miton hit by equity outflows as AUM drops 7%

Premier Miton hit by equity outflows as AUM drops 7%

£870m of net outflows in Q4 2025

Cristian Angeloni
clock 15 January 2026 • 2 min read
Odey Asset Management to become 'dormant' company from February 2026

Odey Asset Management to become 'dormant' company from February 2026

£7.3m in total assets

Cristian Angeloni
clock 14 January 2026 • 1 min read
Trustpilot