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By Jonathan Stempel
(Reuters) – Former parental of the Silicon Valley Bank, Federal Savings Insurance Corp, Federal Savings Insurance Corp.
After a former parent, who was in the SVB financial trust, which is in SVB financial trust, known as the US SVB financial trust in Thursday, US SVB financial trust, was allegedly to control the claims
The agency claimed to be taken under the FDIC as a legal entity that the former parents submitted to the former parent to the court.
Freeman said that the former parent will keep the deposits safe, and he will try to show it properly based on FDIC provisions that make them leave alone. He denied the necessary time.
FDIC and former parents, lawyers did not respond immediately to the surveys for comment on Friday.
The Bank of Silicon Valley has increased interest rates, long-term government bonds and mortgage support securities portfolio.
His problems were launched in a bank, partly a large part of the deposits insured and violated the beginning of many technology with deposits.
The Bank had $ 209 billion in the largest departments in the US banking history.
Most of the work was transferred to Bancshares, the first citizens with the Northern Carolina lender.
FREEMAN, FRIC Six weeks after six weeks, 17. Former Silicon Valley, including Billions of Details and Fiduciary, including Billions and Fiduciary Duty Violations, they restored billions of dollars.
“The SVB represents the risks of risk of interest rate and liquidity risks,” FDIC said, last month.
The court, SVB Finance Trust VT, the northern region of the United States, 23-06543, the northern district of the United States, SVB financial confidence.
(Report by Jonathan Stempel in New York; Regulation by Bill Berkrot)
