SVB's CEO Was Paid Millions As Risk Rating Slid, Judge Told​​​​

By Dorothy Atkins · July 2, 2026, 10:18 PM EDT

Silicon Valley Bank's ex-CEO testified Thursday during a California federal bench trial over the FDIC's claims that the bank's brass mismanaged its assets, acknowledging during a tense examination that he received...

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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