Why it matters: This concerns the fate of SVB's venture capital business, called SVB Capital, which still manages around $9.8 billion in assets for limited partners. SVB Capital wasn't included in ...

That is, startups held deposits with SVB. As VC (venture capital) funding started drying up, these startups had to start eating the cash they had left with SVB. Typically, retail depositors do not ...

The FDIC on Thursday sued 17 former executives and directors of Silicon Valley Bank, seeking to recover billions of dollars for alleged gross negligence and breaches of fiduciary duty that caused the ...

SVB Financial Group is a holding company which provides financial services to clients primarily in the technology, life science and healthcare industries as well as to global private equity and ...

"In a meeting, I was asked the question by a venture capital firm, 'what do I think of SVB's liquidity position?'" Markell told Insider. Markell raced back to his office, just a mile away from SVB ...

Would companies banking with Silicon Valley Bank, which included about 50% of all venture capital-backed U.S. startups, be able to make payroll? Would confidence in regional banks at large erode ...

The collapse of Silicon Valley Bank (SVB) marks the biggest banking failure since 2008, sending shockwaves through the ...

About J.P. Michael: Mr. Michael is joining the Frazier Healthcare Structured Solutions team as a General Partner after he spent over five years with SVB Capital and its predecessor funds at ...

The SVB collapse is the second-largest bank failure in the US since the Washington Mutual meltdown in 2008. The ‘startup bank’ was among the top 20 banks in the country in December 2022, with ...

The complaint highlighted that the dividend “deprived SVB of essential capital and liquidity, for the sole benefit of SVBFG and its shareholders, at a time when SVB was in financial distress.” ...

(Reuters) — The FDIC sued 17 former executives and directors of Silicon Valley Bank on Thursday ... dividend to its parent that drained needed capital “at a time of financial distress and ...