Svb financial


Finance

First Citizens to Buy Silicon Valley Bank: Bloomberg

SVB, a bankrupt lender, was the bank for some big crypto firms, including Circle Internal Financial.

(Provided)

Policy

SVB Financial’s First Bankruptcy Hearing ‘Wasn’t Really So Routine,’ Says Legal Expert

The former Silicon Valley Bank holding company needs access to the bank's FDIC-controlled funds to pay creditors and support two other operations, says Kleinberg, Kaplan partner Dov Kleiner.

Dov Kleiner, partner at Kleinberg, Kaplan, Wolff & Cohen, P.C. (kkwc.com)

Videos

Fight Brewing Between Silicon Valley Bank's Former Parent Company and FDIC

A legal fight is ramping up between the FDIC and the former parent company of Silicon Valley Bank. SVB Financial said the banking regulator took "improper actions" and can't access its money held at its former unit. Dov Kleiner, partner at Kleinberg, Kaplan, Wolff & Cohen, P.C., discusses the key takeaways from the bankruptcy hearing. Plus, reactions to Bloomberg reporting Silicon Valley Bank loans to insiders tripled to $219 million before being overtaken by regulators. 

Recent Videos

Finance

Silicon Valley Bank's Former Parent Company Files for Bankruptcy

The bank had some crypto customers, including Circle Internet Financial and Ripple.

SVB Financial, the parent company of Silicon Valley Bank, filed for bankruptcy in New York. (Shutterstock)

Videos

Silicon Valley Bank Collapse: Crypto Impact and What's Next

The abrupt collapse of the Silicon Valley Bank and Signature Bank prompted U.S. regulators to impose emergency measures to protect depositors. This comes on the heels of crypto-friendly Silvergate Bank’s shutdown in the same week. Here’s a look at how SVB’s closure is sending ripple effects across the crypto industry, and what’s to come.

CoinDesk placeholder image

Opinion

The Banking Crisis Is Not Crypto’s Fault

Crypto might have a banking problem, but banks don’t have a crypto problem.

(CoinDesk)

Finance

Silicon Valley Bank's Parent Looking at Strategic Alternatives

SVB Financial Group appointed a restructuring committee for its venture capital and investment banking arm.

(Justin Sullivan/Getty Images)

Markets

Silicon Valley Bank Crisis a 'Cyprus Moment' for Bitcoin: Crypto Observers

The Fed's aggressive rate hikes and balance sheet reduction have caused an historic bank failure, fashioning a real-time ad for bitcoin self-custody, observers said.

Bitcoin has risen over 15% since regulators shut down Silicon Valley Bank. (CoinDesk/Highcharts.com)

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