'I Would've Been Fired': FDIC Expert Pans SVB's Risk-Taking

By Dorothy Atkins · July 1, 2026, 10:55 PM EDT

The FDIC's banking expert testified in a California federal bench trial Wednesday that Silicon Valley Bank violated prudent banking standards by mismanaging assets before it collapsed, saying officers knew SVB was...

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Case Information

Case Title

SVB Financial Trust v. Federal Deposit Insurance Corporation, as Receiver for Silicon Valley Bank and Silicon Valley Bridge Bank, N.A.

Case Number

5:24-cv-01321

Court

California Northern

Nature of Suit

Other Statutes: Administrative Procedures Act/Review or Appeal of Agency Decision

Date Filed

March 05, 2024