Overview
Our Silicon Valley Bank (SVB) Response and Emerging Legal Issues page includes resources and content related to the recent collapses of Silicon Valley Bank (SVB) and Signature Bank and the impacts on depositors, borrowers and the market.
View a list of our public events.
Additional Resources:
SVB Financial Group Files For Bankruptcy - U.S. Bankruptcy Court Southern District of New York (Manhattan) Bankruptcy Petition #: 23-10367-mg
SVB Financial Group Chapter 11 Petition
First Day Motions
Joint Statement by the Department of the Treasury, Federal Reserve, FDIC and OCC (March 16, 2023)
Joint Statement by the Department of the Treasury, Federal Reserve, and FDIC (March 12, 2023)
White House
March 17, 2023 Statement from President Joe Biden on Holding Senior Bank Executives Accountable
March 13, 2023 Remarks by President Biden on Maintaining a Resilient Banking System and Protecting our Historic Economic Recovery
March 12, 2023 Statement from President Joe Biden on Actions to Strengthen Confidence in the Banking System
Financial Stability Oversight Council
March 12, 2023 Meeting
Federal Reserve Board
March 19, 2023 Press Release on Coordinated Central Bank Action
March 13, 2023 Press Release on Vice Chair for Supervision Michael S. Barr Leading Review of SVB
March 12, 2023 Press Release on Bank Term Funding Program
Federal Deposit Insurance Corporation (FDIC)
March 19, 2023 Press Release on Subsidiary of New York Community Bancorp, Inc., to Assume Deposits of Signature Bridge Bank, N.A., From the FDIC
Failed Bank Resource Page on Silicon Valley Bank
Frequently Asked Questions Page on Silicon Valley Bank
March 13, 2023 Press Release on Silicon Valley Bank
March 10, 2023 Press Release on Silicon Valley Bank
Failed Bank Resource Page on Signature Bank
Silicon Valley Bridge Bank Transfer Agreement
Signature Bank Transfer Agreement
Office of the Comptroller of the Currency (OCC)
March 20, 2023 OCC Conditionally Approves Flagstar Bank, N.A. to Purchase and Assume Deposits of Signature Bridge Bank, N.A.
March 13, 2023 Approved Application to Charter Silicon Valley Bridge Bank
March 12, 2023 Approved Application to Charter Signature Bridge Bank
Commodity Futures Trading Commission (CFTC)
March 16, 2023 Statement on Swaps Rules Implicated in Recent Bank Failures
California Department of Financial Protection and Innovation (DFPI)
March 10, 2023 Press Release on Silicon Valley Bank
New York Department of Financial Services (NYDFS)
March 12, 2023 Press Release on Signature Bank
Bank of England
March 13, 2023 Statement on Silicon Valley Bank
March 10, 2023 Statement on Silicon Valley Bank
Latest Perspectives
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March 132023
Related Capabilities
Latest Perspectives
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March 132023