Ex-SVB Exec Defends Bank's Risk Appetite In FDIC Trial

By Dorothy Atkins · June 30, 2026, 10:27 PM EDT

Silicon Valley Bank's ex-chief financial officer defended SVB's risk appetite during a California federal bench trial Tuesday over the Federal Deposit Insurance Corp.'s claims the bank's brass mismanaged its assets, testifying...

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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